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Sharjah24
Iraq and Turkey to deliver 750K barrels daily
Iraq and Turkey signed a one-year agreement to transfer and load 750,000 barrels of Iraqi crude oil daily via the Iraq-Turkey pipeline to the Ceyhan port. The goal is to ensure the flow of oil exports and to strengthen economic cooperation between the two countries. It is expected that this agreement will increase export capacity to over one million barrels per day following the completion of the Basra-Mutahidah-Kirkuk-Ceyhan pipeline project. Officials indicated that the collaboration also covers the fields of oil, electricity, and water resources to achieve stability and joint development.
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