ClimateTo be verifiedUpdated Jul 29, 01:07 UTC

Türkiye and Iraq set out new oil cooperation after pipeline pact ends

Version 2 · 2 sources · 1 min read · Human editorial review

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Key points

  • Turkish Petroleum is to acquire a 15 percent interest in the BP-run Kirkuk oilfield, President Recep Tayyip Erdogan said.
  • Iraq offered Türkiye up to 1 million barrels per day, Erdogan said, as Ankara pursued a new energy framework instead of renewing the expired pact.
  • Prime Minister Ali al-Zaidi’s Ankara discussions covered energy, security, trade, transport and water management, according to the report.
  • Military estimates cited in the report put Türkiye’s presence at about 50 bases and 5,000 soldiers across Erbil, Duhok and Nineveh.

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Ali al-Zaidi began his first visit to Türkiye as prime minister, with discussions expected to cover strategic cooperation, oil exports and security.

Latest development

Erdogan said Turkish Petroleum would acquire a 15 percent Kirkuk oilfield stake and that Iraq had offered Türkiye up to 1 million barrels per day.

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