Turkey and Iraq Forge Ambitious Energy Partnership | Science-Environment
Erdogan said a new energy pact could boost Turkish oil imports and give state firm TPAO a 15% stake in a Kirkuk project.
- 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.
13 Articles
13 Articles
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.
Turkish President Recep Tayyip Erdogan said today that Turkey will be able to obtain up to 1 million barrels of oil a day, following an energy cooperation plan with Iraq.
BP brings Turkey’s TPAO into Iraq’s Kirkuk project as Baghdad targets 1 million bpd exports
Baghdad (IraqiNews.com) — BP has agreed to sell a 15% stake in its Kirkuk operating business to Turkey’s state-owned oil firm TPAO, strengthening Ankara’s position in one of Iraq’s major oil reconstruction projects. Baghdad and Turkey have also agreed to work together to increase Iraqi crude exports to 1 million barrels per day. The agreement, announced during Prime Minister Ali Al-Zaidi’s visit to Ankara, comes after BP sold a 42% stake in BP E…
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