Iraq and Turkey plan 700k bpd export via northern pipelines

The Iraqi government intends to extend the oil agreements with Turkey for one year and develop a long-term framework to ensure the export of oil from the Kurdistan Region's fields and to increase exports from the south via the northern pipelines, aiming to surpass 700,000 barrels per day to promote diversification and stability in the energy sector. Additionally, an Iraqi delegation held talks with Iran regarding the facilitation of oil transit through the Strait of Hormuz, as part of regional efforts to support the national economy and develop shared infrastructure, with a focus on enhancing operational flexibility.

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