Iraq and Turkey sign deal to resume oil exports via Ceyhan port
The Iraqi government has agreed with the Turkish Republic of North Cyprus's Oil Company IKBY on a new agreement that will allow crude oil production in northern regions, including Kirkuk, to be exported directly through Türkiye’s ports rather than solely by Baghdad-controlled facilities or via Ceyhan port from southern Iraq alone.
Key Points
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1A new agreement has been reached between the Kurdistan Regional Government and Baghdad to resume oil exports from Northern Iraq.
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2The deal specifies that crude oil will flow through Turkey's Ceyhan port, bypassing previous disputes over transit routes. This arrangement is described as a compromise amidst ongoing accusations of sabotage in Southern Iraqi ports.
Developments
Perspectives
An agreement was reached between the government of Baghdad and Erbil to resume oil exports from Northern Iraq via Turkey.
— [Mar 18, 04:16] Bağdat ile Erbil anlaştı: Petrol Türkiye üzerinden akacak (Karar)Oil imports into Ceyhan port from Northern Iraq are set to resume.
— [Mar 18, 04:02] Irak petrolü Ceyhan'a akacak (Milliyet.com.tr)An agreement was reached between the IKBY and Iraqi management for oil exports via Turkey's North from Northern Iraq; this is viewed as a significant step.
— [Mar 18, 00:02] IKBY ile Irak yönetimiyle anlaştı! Petrol Tu̬rkiye'ye Kuzey Irak'tan geçecek (Cnnturk)A new agreement is taking place in the shadows of explanations regarding 'port fees as leverage' and attacks, marking a resumption of oil exports from Iraq to Turkey.
— [Mar 17, 20:36] Irak'tan Tu̬rkiye'ye petrol ihracatı yeniden başlıyor! Maaṣ s̤antajı ve saldırı ac̥ıklamalarının goľşesinde yeni anlas̭ma (Halktv.com.tr)An agreement has been reached between Northern Iraq and Baghdad to send oil shipments via Turkey.
— [Mar 17, 20:36] Kuzey Irak ile Bağdat anlaştı, Tu̬rkiye'ye petrol goľnderilecek (Sozcu.com.tr)