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اقتصاد سكاي نيوز عربية
Turkey declines to renew Kirkuk-Ceyhan pipeline deal
Reports indicate that Turkey is refusing to extend the current Kirkuk-Ceyhan pipeline agreement, which expires on July 27, under its current terms, despite Baghdad’s request for a one-year extension to complete negotiations on a new framework for regulating oil exports through the pipeline. The agreement dates back to earlier contracts and is considered one of Iraq's main routes for exporting oil to global markets. It has been the subject of lengthy legal disputes between the two countries, with ongoing discussions about a new legal framework following an international arbitration ruling in 2023.
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