Iraq’s Ministry of Oil revealed plans to build a new pipeline network, diversifying its oil export capabilities. The project encompasses two pipelines extending to Faysh Khabur and Baniyas, aiming to enhance energy security and revenue streams. Chevron will be involved in the construction of the new pipelines. This dual-route strategy intends to lessen reliance on existing infrastructure and provide alternative export options. The move signifies a major investment in Iraq’s oil sector and strengthens its position in the global energy market. Details regarding the project’s cost and completion timeline were not immediately available. This development coincides with Iraq's efforts to increase oil production and exports.