The new road map aiming to strengthen energy relations between Türkiye and Iraq has been clarified

Minister of Energy and Natural Resources Alparslan Bayraktar met with Iraqi Minister of Petroleum Basim Muhammed Hüdeyir and his accompanying delegation at the Ministry. Minister Bayraktar, who made a statement about the meeting on his social media accounts, 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 ensure that our common geography "We will continue strongly to implement these concrete projects for stability and prosperity." he said.

Today, Ankara hosted an important meeting between Türkiye and Iraq in the field of energy. Minister Bayraktar met with Iraqi Oil Minister Basim Muhammed Hüdeyir and his accompanying delegation at the Ministry.

A NEW AND MUCH STRONGER DIMENSION IN ENERGY RELATIONS

Minister Bayraktar, who made a statement about the meeting on his social media accounts, stated that they took the energy relations between Turkey and Iraq to a new and much stronger dimension in this period when regional developments make supply security more critical than ever.

WE ARE CLARIFYING OUR ROADMAP

Minister Bayraktar 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." he said.

WE AIM TO MAKE CEYHAN A GLOBAL ENERGY BASE

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

ENERGY PATH

Minister Bayraktar, as Türkiye, the Development Road is not just a transportation corridor; He also emphasized that they are determined to build it as a strategic "energy road" supported by oil, natural gas and electricity transmission lines along the route.

WE WILL STRONGLY CONTINUE TO IMPLEMENT CONCRETE PROJECTS

Minister Bayraktar said, "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." he said.