Negotiations are underway between Iraq and Türkiye regarding a new oil transport agreement for the Kirkuk-Ceyhan pipeline.
9 reports, 2 independent
Updated Aug 5
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What happened
Negotiations are underway between Iraq and Türkiye regarding a new oil transport agreement for the Kirkuk-Ceyhan pipeline.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Iraq and Turkey signed a pipeline deal to boost oil exports using the Kirkuk-Ceyhan route.Sub-event
- The ICC ruled that Turkey owed Baghdad $1.5 billion, leading to an agreement on a temporary oil export arrangement.Sub-event
An agreement was reached to extend the crude oil pipeline operation between Türkiye and Iraq for one year.1 source
Talks continue between Iraq and Turkey regarding the future of the Kirkuk-Ceyhan oil pipeline.1 source
Bayraktar led talks, and an ICC ruling affected operations as both sides negotiate a new oil transport agreement.1 source
Keep exploring
Part of
Iraq requires the Kirkuk–Ceyhan pipeline to Türkiye and the Basra-Aqaba oil pipeline to ensure alternative export routes, relying on southern Gulf terminals.Also in this story
- Iraq is transporting crude oil via pipeline.
- Iraq is planning new oil pipelines connecting Basra, Kirkuk, and Ceyhan, with Qatar's UCC joining the project consortium.
- Oil majors, including TotalEnergies and ExxonMobil, are committing billions to projects in Basra and Kirkuk due to economic crises in Iraq.
The entities involved
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Kirkuk
city in Iraq
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Ceyhan
town and district in Adana Province, Turkey
Nothing else this week.
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Baghdad
capital city of Iraq
Related events
- A new pipeline is planned from Basra to Ceyhan terminal, part of a larger development road connecting Iraq to Europe.
- The Iraq Petroleum Company, built in the 1950s, is involved in pipeline projects connecting Basra oilfields to Baniyas, with exploration underway for a revival of the route to Kirkuk.