The road map for the energy agreement between Türkiye and Iraq has been clarified

In the statement made by the Ministry, it was stated that an important meeting was held between Türkiye and Iraq in the field of energy.

Minister Bayraktar, whose views were included in the statement, emphasized that the two countries are working on a road map for a new long-term and more comprehensive agreement and said:

"Following the crude oil transportation contract we signed between our national company BOTAŞ and SOMO and NOC last August, we are clarifying our road map for a new long-term and more comprehensive agreement. In this direction, we plan to activate our joint working groups that will quickly conclude the oil and natural gas infrastructure, exploration-production, oil trade, refinery-petrochemical and electricity projects. In close cooperation with the new Iraqi government, we will strongly continue to implement these concrete projects for the stability and prosperity of our common geography."

"We aim to make Ceyhan a global energy base"

Minister Bayraktar stated that they have taken the energy relations between Türkiye and Iraq to a much stronger dimension in this period when regional developments make supply security more critical than ever.

Stating that they see the extension of the Kirkuk-Ceyhan Pipeline to Basra and increasing its capacity as important in terms of creating a strong alternative to the Gulf region and the Strait of Hormuz, Bayraktar said, "Our national company TPAO will take an active role in different fields in Iraq in addition to the Kirkuk fields, achieving the 1 million barrel crude oil supply target stated by the Iraqi Prime Minister Mr. Ali ez-Zeydi, increasing the trade volume and making Ceyhan a global energy source." We aim to make it a base." made his assessment.

Minister Bayraktar stated that Turkey, as a country, is determined to build the Development Road not only as a transportation corridor, but also as a strategic "energy road" supported by oil, natural gas and electricity transmission lines along the route.