Iraq has signed two memoranda of understanding with Oman on 3/9/2025 to explore a Basra-Oman crude pipeline and joint marketing strategies.
The move underscores Baghdad’s push to diversify export channels and tap new markets, despite having unsettled key details.
This note explores the Basra-Oman pipeline, including:
- Key Iraqi and Omani stakeholders involved in negotiations
- Baghdad’s efforts and concerns
- Onshore vs. offshore routing options
- Project financing details and timeline
