New Steps for Cooperation in Energy Between Turkey and Iraq
Minister Bayraktar and Iraqi Oil Minister Hudeir established a roadmap in Ankara for a comprehensive new agreement that will strengthen energy relations between the two countries.
Turkey and Iraq held a critical meeting in Ankara to increase regional supply security and take energy relations to a stronger dimension.
Critical Meeting in Ankara
Within the scope of contacts held to deepen cooperation in the energy field between Turkey and Iraq, Minister Bayraktar received Iraqi Oil Minister Basim Muhammed Hudeir and his accompanying delegation at the Ministry. Strategic relations between the two countries were discussed during the meeting.
Roadmap for a Comprehensive Agreement
Following the crude oil transportation contract signed between BOTAŞ, SOMO, and NOC last August, the roadmap prepared for a long-term and more comprehensive new agreement began to be clarified.
Joint Working Groups
It is planned to activate joint working groups to quickly finalize projects in oil and natural gas infrastructure, exploration and production, oil trade, refinery-petrochemical, and electricity.
Kirkuk-Ceyhan Pipeline Project
Extending the Kirkuk-Ceyhan pipeline to Basra and increasing its capacity carries great importance in terms of creating a strong alternative to the Gulf region and the Strait of Hormuz.
TPAO's Role and Targets
It is aimed for the national company TPAO to play an active role in different fields in Iraq alongside the Kirkuk fields, and to achieve the 1 million barrels of crude oil supply target stated by Iraqi Prime Minister Mr. Ali al-Zaidi.
Development Road Energy Corridor
Turkey continues to build the Development Road not only as a transportation corridor, but as a strategic energy route supported by oil, natural gas, and electricity transmission lines along the route.