23 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Iraq Expands Export Routes
The article discusses the agreement signed by Iraq with Turkey to export 750,000 barrels of oil daily, with the possibility of increasing that amount. It includes plans to develop the export system by establishing additional pipelines, such as from Basra to Ceyhan, passing through Kirkuk, with branches toward the Syrian port of Baniyas and the port of Aqaba. The text also clarifies that the volume of daily exports is variable and affected by security conditions and tanker movements. Moreover, global market fluctuations influence Iraq's oil revenues. The agreement with Turkey is temporary, lasting one year, and aims to ensure the continuation of exports via the Ceyhan port until a long-term deal is reached. There is also coordination between Iraq, the United States, and Syria regarding other pipeline projects.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)