Turkey and Iraq have signed a one-year interim agreement to continue operating the Iraq–Turkey oil pipeline, according to a report. Under the deal, Iraq aims to boost pipeline exports from 180,000 barrels per day to as much as 750,000 bpd, while both countries negotiate a longer-term arrangement.
The one-year interim agreement between Ankara and Baghdad aims to ramp up throughput on the Iraq–Turkey oil pipeline from 180,000 barrels per day to as much as 750,000 bpd. The pipeline, which has been subject to periodic disruptions and legal disputes, is a key export route for Iraqi crude to global markets.
The Zioneer has previously reported on several regional energy deals: the Chevron-Iraq memorandum of understanding for oil supply bypassing the Strait of Hormuz, the US-backed Syria-Iraq pipeline plan, and the OPEC+ output increase agreed for August. These developments reflect a broader shift in Middle Eastern energy infrastructure and trade flows.
- DevelopingUS State Department: Iraq, Syria sign agreement to restore oil pipeline
- DevelopingSyria, Iraq reportedly join US-led plan for Mediterranean pipeline bypassing Strait of Hormuz
- DevelopingIraq, Turkey sign road deal linking Faw port to Turkey, Europe
- DevelopingChevron signs MoU with Iraq for oil supply bypassing Strait of Hormuz
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