Iraq plans to build a new oil pipeline with a target crude oil export capacity of 5 million barrels per day.

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智通财经2026/09/09 11:16

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Iraq plans to build several new oil pipelines, aiming to increase its crude oil export capacity to 5 million barrels per day and reduce its reliance on transportation through the Strait of Hormuz. Oil Minister Hayan Abdul Ghani stated that the current export capacity has surpassed 3 million barrels per day, with the average level maintained since early September.
Last month, Iraqi Prime Minister Mohammed Shia' Al Sudani ordered the advancement of two strategic pipeline projects: the Basra–Haditha–Fishkabur pipeline, which will connect the southern oil fields to the Turkish border at Fishkabur, integrating with the Kirkuk–Ceyhan pipeline to reach the Turkish Mediterranean port of Ceyhan; and the Haditha–Baniyas pipeline, which will go straight to the Syrian Mediterranean port of Baniyas, reviving the historic oil corridor between Iraq and Syria.
Once these projects are completed, Iraq's crude oil export channels will become more diversified, and its energy infrastructure will be more resilient to risks. Iraq’s proven crude oil reserves are about 145 billion barrels; after the outbreak of conflict at the end of February this year, crude oil production once fell to 1.3 million barrels per day, compared to 3.3 million barrels per day before the war, but production gradually recovered in July and August.
This channel construction is taking place while ongoing tensions between the United States and Iran continue to disrupt shipping in the Strait of Hormuz. Iraq hopes to use land pipelines to avoid the export risks posed by interruptions in strait shipping.

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Iraq plans to build a new oil pipeline with a target crude oil export capacity of 5 million barrels per day.

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