Tsakos Energy’s Asahi Princess carries first Iraqi oil from Syria

A historical archetypal for Greek shipping. A tanker operated by Tsakos Energy Navigation, controlled by Dr. Nikos Tsakos—the Greek-flagged Asahi Princess—is acceptable to go the archetypal vessel to transport Iraqi lipid that has been delivered overland to Syria by hundreds of tanker trucks.

The Syrian Petroleum Company announced that loading of astir 85,000 tonnes of Iraqi substance has commenced astatine the Baniyas refinery connected the Mediterranean coast.

With the Strait of Hormuz remaining closed, Iraq plans to transport up to 650,000 tonnes of lipid per period overland to Syria, equivalent to astir 140,000 barrels per day. Part of these volumes will beryllium directed toward supplying Syrian powerfulness procreation units, according to the Middle East Economic Survey.

This improvement has been made imaginable pursuing the reopening of the Al-Tanf–Al-Waleed borderline crossing betwixt Syria and Iraq, which had remained closed for 11 years aft the country was seized by ISIS successful 2015.