• Upstream
  • Pipelines & Transport
  • Downstream
Thursday, July 31, 2025
Oil&Gas Advancement
  • Home
  • News
    Hungary Russia Serbia Deal on Imports of Russian Crude Oil

    Hungary, Russia, Serbia Deal on Imports of Russian Crude Oil

    EQT Expands Gas Operations with Olympus Energy Acquisition

    EQT Expands Gas Operations with Olympus Energy Acquisition

    Turkey Iraq Pipeline Deal and Energy Cooperation Plans

    Turkey-Iraq Pipeline Deal and Energy Cooperation Plans

    Aker BP JAPEX Norge Collaborate on North Sea Asset Trade

    Aker BP, JAPEX Norge Collaborate on North Sea Asset Trade

    Eni Ghana Expands Natural

    Eni Ghana Expands Natural Gas for OCTP to Power Ghana

    CNOOC Makes Landmark Offshore Oil Gas

    CNOOC Makes Landmark Offshore Oil & Gas Discovery

    Shell Receives Approval

    Shell Receives Approval for Oil & Gas Drilling Project

    Var Energi Partners with TechnipFMC

    Var Energi Partners with TechnipFMC for Subsea Projects

    Equinor Has Made Gas Discovery Near Major Export Facility

    Equinor Has Made Gas Discovery Near Major Export Facility

  • Projects
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Eni Ghana Expands Natural

    Eni Ghana Expands Natural Gas for OCTP to Power Ghana

    Var Energi Partners with TechnipFMC

    Var Energi Partners with TechnipFMC for Subsea Projects

    South Africa Proposes

    South Africa Proposes US LNG Purchase Deal for 10 Years

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Future-proofing-gas-sector

    Future-proofing Gas Sector for Efficiency and Sustainability

    South-Africa-Oil-and-Gas-Exploration

    South Africa Speeding-up its Oil and Gas Exploration

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

Turkey-Iraq Pipeline Deal and Energy Cooperation Plans

in News, Pipelines & Transport
Turkey Iraq Pipeline Deal and Energy Cooperation Plans
Share on FacebookShare on Twitter

A proposed new agreement between Türkiye and Iraq must include a mechanism to ensure the full-capacity use of the oil pipeline between the two countries, according to Energy and Natural Resources Minister Alparslan Bayraktar.

Ankara announced last week that the decades-long agreement on the Kirkuk-Ceyhan oil pipeline would end in July 2026 and an Iraqi official added that Türkiye had offered to expand the agreement to cover cooperation in oil, gas, petrochemicals and electricity.

Laying out Türkiye’s core demands of the Turkey-Iraq pipeline deal Bayraktar said the country was asking for a draft agreement to include “a mechanism to ensure full use of this pipeline,” which he said has never operated at full capacity.

“The note we’ve sent is along these lines,” the minister told reporters after a Cabinet meeting on Monday. “This pipeline has a capacity of almost 1.5 million barrels per day. There’s no flow at the moment. Even when it did flow, it was never at full capacity,” he said further.

Kirkuk-Ceyhan pipeline has been shut since 2023 after an International Chamber of Commerce (ICC) arbitration order, which is being appealed by Türkiye.

The ICC had directed Ankara to pay Baghdad $1.5 billion in damages for what it described as unauthorised exports by Iraq’s autonomous Kurdistan Regional Government (KRG) during 2014-2018.

Türkiye, on the other hand, said the ICC had recognized most of Ankara’s demands.

Several efforts to restart shipments have since been unsuccessful, including due to the disagreements between Iraq, the KRG and companies working in the region.

Extending pipeline to south

Bayraktar added that Türkiye’s proposal involved alternatives like expanding the pipeline south of Iraq.

“It (the pipeline) doesn’t have to be filled entirely with oil from Iraq. To reach those figures, the pipeline needs to reach the south anyway,” he said, adding that the deadline to agree on a new deal was July 2026.

Bayraktar emphasised on the Turkey-Iraq pipeline deal that Türkiye had greatly invested in making the pipeline functional in recent times, and added that he had informed Iraqi Oil Minister Hayan Abdulghani at an OPEC meeting that a full-capacity utilization mechanism should be included in the new agreement.

In a decision published in its Official Gazette last week, Türkiye said the existing deal dating back to the 1970s – the Türkiye-Iraq Crude Oil Pipeline Agreement – and all subsequent protocols or memoranda would be halted from July 27, 2026.

Bayraktar stated that they have given the Iraqi side a deadline until July next year, and said that signing the new agreement before this date would be beneficial.

The Turkish government has said the Development Road initiative – a high-speed rail and road connection from Iraq’s Gulf port of Basrah to the Turkish frontier and then to Europe – is a chance to take the pipeline south. Baghdad made the initial investment in the project in 2023.

New LNG deal with U.S. ‘possible’

Meanwhile, Bayraktar also said Türkiye is considering a new long-term liquefied natural gas (LNG) with the United States and continues discussions on joint oil and gas exploration as well as small modular reactors (SMRs).

“Joint exploration in oil and natural gas, as well as SMRs, are on the agenda. Especially since they are still ongoing, long-term LNG contracts are important. These are things that can quickly become concrete. (A new LNG agreement) It’s possible.

Officials from the Energy Ministry had previously stated that negotiations were being held with American companies regarding SMR technology.

Turkey plans to deploy 20,000 megawatts (MW) of nuclear power capacity to supplement its increasing renewable energy production, including 15,000 MW from large-scale power plants such as Akkuyu and 5,000 MW from SMRs.

Previous Post

Aker BP, JAPEX Norge Collaborate on North Sea Asset Trade

Next Post

EQT Expands Gas Operations with Olympus Energy Acquisition

Related Posts

Hungary Russia Serbia Deal on Imports of Russian Crude Oil
Downstream

Hungary, Russia, Serbia Deal on Imports of Russian Crude Oil

July 31, 2025
EQT Expands Gas Operations with Olympus Energy Acquisition
News

EQT Expands Gas Operations with Olympus Energy Acquisition

July 31, 2025
Aker BP JAPEX Norge Collaborate on North Sea Asset Trade
Exploration Development

Aker BP, JAPEX Norge Collaborate on North Sea Asset Trade

July 31, 2025
Eni Ghana Expands Natural
News

Eni Ghana Expands Natural Gas for OCTP to Power Ghana

July 28, 2025
CNOOC Makes Landmark Offshore Oil Gas
Exploration Development

CNOOC Makes Landmark Offshore Oil & Gas Discovery

July 21, 2025
Shell Receives Approval
Africa

Shell Receives Approval for Oil & Gas Drilling Project

July 21, 2025
Next Post
EQT Expands Gas Operations with Olympus Energy Acquisition

EQT Expands Gas Operations with Olympus Energy Acquisition

LatestNews

EQT Expands Gas Operations with Olympus Energy Acquisition
News

EQT Expands Gas Operations with Olympus Energy Acquisition

July 31, 2025
Turkey Iraq Pipeline Deal and Energy Cooperation Plans
News

Turkey-Iraq Pipeline Deal and Energy Cooperation Plans

July 31, 2025
Aker BP JAPEX Norge Collaborate on North Sea Asset Trade
Exploration Development

Aker BP, JAPEX Norge Collaborate on North Sea Asset Trade

July 31, 2025
Eni Ghana Expands Natural
News

Eni Ghana Expands Natural Gas for OCTP to Power Ghana

July 28, 2025
CNOOC Makes Landmark Offshore Oil Gas
Exploration Development

CNOOC Makes Landmark Offshore Oil & Gas Discovery

July 21, 2025
Shell Receives Approval
Africa

Shell Receives Approval for Oil & Gas Drilling Project

July 21, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.