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Ulak Haber

Iraq and Turkey Sign Oil Agreement: A Strategic Success

Iraq and Turkey Sign Oil Agreement: A Strategic Success
The Prime Minister of Iraq has evaluated the oil agreement with Turkey. Iraqi Prime Minister Ali Falih ez-Zeydi emphasized the importance of the agreement to transport at least 750,000 barrels of crude oil per day from Iraq to Turkey's Ceyhan Port via the pipeline.This step is seen as a significant strategic success to strengthen economic cooperation between the two countries. Iraqi and Turkish companies will start their duties in this regard.

Both governments will work to complete a framework agreement that includes cooperation in oil, electricity, water resources, and other areas, within a planned roadmap. These steps will consolidate our common interests, support development and stability.

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