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It is known for its citrus fruit orchards and its export of wood. North of the city is an oil refinery, one of the largest in Syria, and a power station. The oil refinery is connected with Iraq with Kirkuk–Baniyas pipeline (now defunct).
- 1 Baniyas railway station.
- 1 Margat castle (قلعة المرقب). This huge Crusader fortress built in 1062 AD stands on a nearby hill. It is a Knights Hospitaller fortress built with black basalt stone.