Turkiye and Iraq sign one-year oil pipeline deal amid global shift
- The renewed agreement ensures crude flow of 750,000 barrels per day through the Iraq-Turkiye pipeline, officials confirm.
- Ankara and Baghdad have signed a one-year agreement to keep crude flowing through the Kirkuk-Ceyhan Oil Pipeline that stretches from Iraq to Turkiye, just days after a top-level visit to Ankara by Iraq’s prime minister.
- The deal – struck between Turkish state firm BOTAS and Iraq’s state oil companies SOMO and NOC on Saturday – comes days after the decades-old bilateral arrangement lapsed on Monday last week.
Unverified
- The renewed agreement ensures crude flow of 750,000 barrels per day through the Iraq-Turkiye pipeline, officials confirm.
- Ankara and Baghdad have signed a one-year agreement to keep crude flowing through the Kirkuk-Ceyhan Oil Pipeline that stretches from Iraq to Turkiye, just days after a top-level visit to Ankara by Iraq’s prime minister.
- The deal – struck between Turkish state firm BOTAS and Iraq’s state oil companies SOMO and NOC on Saturday – comes days after the decades-old bilateral arrangement lapsed on Monday last week.
Sources: Al Jazeera