Erdogan Says Turkey Could Get 1M Barrels of Oil a Day From Energy Deal with Iraq
Erdogan said the supply plan would help Turkey diversify imports as the two countries negotiate a broader energy deal after the pipeline accord expired.
- On Tuesday, Turkish President Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi met in Ankara to discuss energy cooperation, with Erdogan stating Turkey could secure up to 1 million barrels of oil daily under a new plan.
- The Kirkuk-Ceyhan crude oil pipeline agreement expired Monday, prompting Turkish Energy Minister Alparslan Bayraktar to announce TPAO acquired a 15% stake in BPECKL to develop approximately 3 billion barrels of reserve potential.
- Erdogan emphasized regional security, noting Turkey is in close dialogue with Iraq to address the Kurdistan Workers' Party, designated a terrorist organization by Turkey, the United States, and the European Union.
- Ahead of a scheduled trip to Saudi Arabia on Thursday, al-Zaidi ordered security agencies to investigate alleged drone attacks on the kingdom, stating Iraq is committed to preventing its territory from being used for such operations.
- Agreements worth around $60 billion signed earlier this month between U.S. companies and Iraq set the stage for infrastructure projects, including a proposed pipeline connecting Basra to Ceyhan and Baniyas to diversify oil shipping.
30 Articles
30 Articles
Iraq wants to supply 1m oil barrels a day to Turkey amid Hormuz crisis
Iraqi Prime Minister Ali Zeydi visited Ankara for his first talks with Erdoğan since taking office, offering to supply Turkey with 1 million barrels of oil per day as Ankara seeks to reduce its dependence on disrupted Gulf routes.
A signature crisis erupted between President Erdoğan and Iraqi Prime Minister Zeidi in front of the cameras. An Iraqi minister close to Iran caused a signature crisis on live television after the Erdoğan-Zeidi meeting.
Turkey and Iraq Forge Ambitious Energy Partnership | Science-Environment
President Tayyip Erdogan announced plans for a comprehensive energy cooperation deal between Turkey and Iraq. This follows talks with Iraqi Prime Minister Ali al-Zaidi in Ankara, where Iraq offered to supply 1 million barrels of oil to Ankara and discussed operating in Kirkuk's oil field.
Erdogan says Turkey aims to sign energy cooperation deal with Iraq
President Tayyip Erdogan said on Tuesday that Turkey aimed to sign a comprehensive energy cooperation deal with neighbouring Iraq as soon as possible after he held talks with Iraqi Prime Minister Ali al-Zaidi in Ankara.
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