Turkey opposes extending pipeline deal with Iraq
According to a Turkish official speaking to Reuters, Turkey now opposes extending the oil pipeline agreement between Kirkuk and Ceyhan under its current terms, following Baghdad's request to extend it for an additional year to allow for further consultations. The agreement is set to expire on July 27. Last year, Turkey rejected the extension and called for an update to the terms after the pipeline's operation was halted for more than two and a half years due to judicial arbitration. It is worth noting that the agreement pertains to the export of oil via the pipeline, and Turkey is currently dealing with arbitration issues and a court ruling that remain under discussion.
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