Saturday, August 1, 2026
43 °c
Baghdad
43 ° Sun
43 ° Mon
44 ° Tue
44 ° Wed
  • en English
  • ar العربية
  • Login
Iraq News
  • Home
  • News
    • Breaking News
    • Local
    • Regional
    • International
  • Sports
  • Arts & Entertainment
  • Technology
  • Business & Economy
  • Health
  • Miscellaneous
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Local
    • Regional
    • International
  • Sports
  • Arts & Entertainment
  • Technology
  • Business & Economy
  • Health
  • Miscellaneous
No Result
View All Result
Iraq News
en English ar العربية
No Result
View All Result
Home Local
Ceyhan oil pipeline agreement - اتفاق خط أنابيب جيهان

Iraq, Türkiye Sign Ceyhan Oil Pipeline Export Agreement

Iraq and Türkiye Sign Ceyhan Pipeline Deal, Target Higher Oil Exports

NEWS.IQ by NEWS.IQ
August 1, 2026
in Local
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Iraq and Türkiye have signed a one-year agreement to continue operating the oil pipeline linking Iraqi fields to the Turkish port of Ceyhan, maintaining an export capacity of 750,000 barrels per day. Officials from both countries described the deal as a transitional step toward a long-term energy partnership aimed at increasing exports to 1.5 million barrels per day while expanding cooperation in oil and gas investments.

New Agreement Secures Oil Exports Through Ceyhan

Turkish Energy Minister Alparslan Bayraktar announced the signing of a one-year transit agreement between Türkiye’s BOTAS and Iraq’s state-owned oil companies, including SOMO and the Iraqi National Oil Company.

The agreement guarantees the continued use of the strategic Iraq–Türkiye crude oil pipeline, which has served as a key energy corridor between the two countries for nearly five decades.

A Strategic Energy Corridor

Bayraktar said the Ceyhan pipeline has become increasingly important amid ongoing developments in global energy markets.

He added that both governments intend to maximize the value of this infrastructure while working on a comprehensive long-term agreement that would further strengthen bilateral energy cooperation.

Iraq Aims to Double Export Capacity

Iraqi Oil Minister Bassem Mohammed Khudair described the agreement as a major step toward strengthening Iraq’s oil industry and securing reliable export routes.

He noted that the current agreement sets an export ceiling of 750,000 barrels per day, while negotiations are already underway for a new framework agreement based on the modernization of the 1973 pipeline accord.

The long-term objective is to increase export capacity to 1.5 million barrels per day.

Cooperation Beyond Pipeline Operations

Khudair emphasized that energy cooperation with Türkiye extends beyond transporting crude oil.

The two countries are also discussing investments in Iraqi oil fields and broader strategic partnerships involving upstream exploration, production, refining, and downstream energy industries.

He added that these initiatives align with Iraq’s broader strategy of strengthening economic and development cooperation with Türkiye following the Iraqi prime minister’s recent visit to Ankara.

Strengthening Regional Energy Security

The agreement comes as global oil markets continue to experience heightened volatility, increasing the strategic importance of the Ceyhan export route.

Both governments believe maintaining uninterrupted exports through the pipeline will enhance regional and international energy security while supporting stable supplies to global markets.

Toward a Long-Term Strategic Partnership

Officials from both countries said the current agreement represents the foundation for a broader long-term partnership.

Future negotiations are expected to update the legal framework governing pipeline cooperation and create new opportunities for joint investment across the energy sector.

Conclusion

The new Iraq–Türkiye agreement ensures the continued operation of the Ceyhan oil pipeline while laying the groundwork for a broader strategic partnership in energy. Although the current deal maintains exports at 750,000 barrels per day, both sides are already working toward a long-term framework that could double export capacity to 1.5 million barrels per day, reinforcing Iraq’s position in global energy markets and deepening bilateral economic ties.

ShareTweet
Previous Post

Ceuta Migrant Crisis Deepens as Spain Seeks EU Solidarity and France Offers Support

NEWS.IQ

NEWS.IQ

Iraqi News is an independent news platform that provides carefully edited news content sourced from a range of trusted media outlets. The platform gathers reports from established news agencies and media sources, and presents them in a clear and neutral manner, with a strong focus on accuracy, clarity, and credibility. Iraqi News is designed to offer a reliable and straightforward reading experience, allowing readers to follow current events through content brought together in one place.

ADVERTISEMENT

Latest News

Ceyhan oil pipeline agreement - اتفاق خط أنابيب جيهان

Iraq and Türkiye Sign Ceyhan Pipeline Deal, Target Higher Oil Exports

August 1, 2026
Ceuta migrant crisis

Ceuta Migrant Crisis Deepens as Spain Seeks EU Solidarity and France Offers Support

August 1, 2026
Europe wildfires - حرائق الغابات في أوروبا

Europe Wildfires Escalate as Germany Loses Control and Greece Raises Highest Alert

August 1, 2026
FIFA World Cup stake sale proposal

FIFA Abandons World Cup Stake Sale Proposal After UEFA Opposition

August 1, 2026
Ceuta migration crisis

Ceuta Migration Crisis Deepens as 60,000 Attempt Crossing and France Tightens Border Controls

July 31, 2026
NEWS IQ

Covering the top local and global news from trusted sources across a wide range of topics — with accuracy and balance.
Follow us daily and stay informed with daily updates.

News

  • Breaking News
  • Local
  • Regional
  • International

Others

  • Sports
  • Arts & Entertainment
  • Technology
  • Business & Economy
  • Health
  • Miscellaneous
  • About Us

Tags

afghanistan aid army britain china climate conflict defence diplomacy economy eu fbl france gaza germany hamas health hezbollah iran iraq israel kurds lebanon military nuclear pakistan palestinians politics protests qatar rights russia saudi sudan summit syria toll trade trump turkey ukraine un us venezuela yemen

© 2026 Iraq News. Web development by AdamoDigi.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • en English
  • ar العربية
  • العربية (Arabic)
  • English