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Turkey aims to sign energy cooperation with Iraq
Turkish President Recep Tayyip Erdoğan confirmed that Ankara is aiming to sign a comprehensive energy cooperation agreement with Iraq as soon as possible, following his talks with Iraqi Prime Minister Ali al-Zaidy. These efforts come after the expiration of the Kirkuk–Ceyhan oil pipeline agreement, which was not renewed. Erdoğan indicated that Turkish Petroleum will operate in the Kirkuk oil field after acquiring a 15% stake in BP Energy, allowing it to exploit an oil reserve of approximately three billion barrels. This move is part of Turkey's broader efforts to strengthen energy cooperation with Iraq and support its investments in the oil sector.
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