• 5 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 7 days Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 41 mins Most ridiculous green proposal
  • 12 hours China Sets Its Sights On Global [EV, AI, CRISPR, Fusion, Navel Lint Collector] Dominance
  • 3 hours Video Evidence that the CCP controls Joe Biden
  • 4 hours Rethinking election outcomes for oil.
  • 1 day The Leslie Stahl/60 Minutes Interview with President Trump
  • 5 hours The City of Sturgis Update on the Motorcycle Rally held there, and the MSM's reporting hence
  • 1 min The Green Hydrogen Problem That No One Is Talking About
  • 10 hours P@A will cost Texas Taxpayers $117 Billion.
  • 9 hours Republicans Have Become the Party of Hate
  • 10 hours Australia’s Commodities Heartland Set for Major Hydrogen Plant
  • 2 days Even Obama can't muster a crowd to support Biden.
  • 1 day WallStreet Journal editorial " . . Big Tech-Media are the propaganda arm of Democrat Party leading to one party autocratic rule. " This is the State of the Union.
  • 1 day Permian in for Prosperous and Bright Future
  • 1 day Clean Energy Is Canceling Gas Plants
  • 2 days Saudi Oil Minister Abdulaziz said getting rid of oil "Far Fetched and Unrealistic". . True. . . but
  • 1 day Vote Biden for Higher Oil Prices

IRAN-IRAQ: Pipeline to Syria Ups Ante in Proxy War with Qatar

Bottom Line: Iraq’s agreement to allow Iran to build a pipeline through its territory and on to Syria is in direct competition with Qatar’s similar designs for a Syria pipeline that would connect to Turkey. This pipeline is another proxy in the Syrian conflict theater and Iran’s response to its loss of ground here. It is also a sign of Iran’s growing foothold in Iraq. Qatar will respond in kind.

Analysis: This week the Iraqi Cabinet green lighted Iran’s $10 billion pipeline project, which will supply gas from the South Pars field (which is the largest in the world, and which, as mentioned above, it shares with Qatar) to Syria and beyond to other export markets. There is talk of extending the pipeline to Lebanon.

The first part of the pipeline—some 225 kilometers—through Iraq will reportedly be completed in June 2013. The pipeline will connect the southern Iranian port of Assolouyeh to Iraq and then to Syria—for now. It will have a 110 million cubic meter/day capacity. The plan is to give Iraq 20 million cubic meters/day of Iranian gas for its power plants, with 20-25 million cubic meters/day going to Syria.

In a direct slap in the face to Qatar’s plans, Iraqi authorities also said the pipeline could eventually be extended to Europe. This is where it gets quite interesting: the current sanctions regime of course would not allow this Iranian gas into the European market, but it certainly will be…




Oilprice - The No. 1 Source for Oil & Energy News