21 Hrs
Source:
الاقتصادية
Iraq and Turkey sustain oil flow despite agreement end
Despite the end of the agreement between Iraq and Turkey, Iraqi oil continues to flow through the Ceyhan pipeline into Turkey. The country's sole oil pipeline remains operational as negotiations are underway to sign a new agreement extending for another year. Both parties aim to reach a comprehensive agreement as soon as possible, with Turkey seeking to capitalize on the pipeline's capacity of 1.5 million barrels per day, despite current production being around 170,000 barrels daily. The temporary extension is expected to provide more time for negotiations toward a broader agreement to strengthen energy cooperation between the two countries.
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