The Iraqi government assured this Sunday that it seeks “economic alliances” with Lebanon in various sectors, given the possibility of relaunching an old oil pipeline between the two countries towards the Mediterranean Sea as an alternative route to the Strait of Hormuz.
From Baghdad, Iraqi Prime Minister Ali al Zaidi affirmed that during the meeting with his Lebanese counterpart, Nawaf Salam, they addressed “ways to strengthen bilateral relations in various economic, political and security fields,” according to a statement from the Iraqi Prime Minister’s office.
They also spoke of “the prospects for developing the partnership between the two brotherly countries in a way that contributes to promoting comprehensive and sustainable development.”
Likewise, the “solidity” of the relationship between both countries was noted, as well as the “interest in strengthening it” and the importance of “establishing fruitful economic alliances in various development sectors.”
For his part, Salam pointed out that during the talks he emphasized Lebanon’s commitment to “strengthen connectivity and strategic integration projects with the countries of the region, in various sectors, especially energy, communications and transport.”
And in this way, “take advantage of the opportunities offered by current transformations,” according to a statement from the Lebanese government.
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Salam maintained that his country “aspires to be an active partner of Iraq in shaping these regional projects, thus opening new horizons for investment and supporting avenues for sustainable development and growth.”
Although the specific projects they discussed were not mentioned, the relaunch of the Kirkuk (Iraq) – Tripoli (Lebanon) oil pipeline was on the table during Salam’s trip, according to Lebanese media.
Both countries would be exploring the possibility of using Lebanon as an export route for Iraqi oil destined for the Mediterranean.
Therefore, the Kirkuk-Tripoli pipeline is re-emerging as a strategic asset in the face of disruptions in the Persian Gulf – particularly in the Strait of Hormuz – that threaten global crude flows.
From teleSUR English via This RSS Feed.