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The New Region

Turkey's failure to renew Iraqi oil export agreement: Experts discuss rationale, legality

The 52-year-old oil export agreement will not be renewed in 2026 based upon the decision of Turkish President Recep Tayyip Erdogan, resulting in shock among Iraqi officials and raising questions about the move's legality.

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Turkey's failure to renew Iraqi oil export agreement: Experts discuss rationale, legality Image

1973 Iraq-Turkey oil export agreement will not be renewed: Turkish presidential decree

“Turkey-Iraq Crude Oil Pipeline Agreement dated 27/8/1973, approved by the Council of Ministers Decision dated 22/4/1975…It has been decided, under Article 3 of Presidential Decree No. 9, to terminate, as of 27/7/2026."

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Kirkuk-Baniyas oil pipeline revival economically unviable amid political, security challenges

Iraqi oil expert Nabil al-Marsoumi said Saturday that there is no economic justification for rebuilding the long-dormant Kirkuk-Baniyas oil pipeline, citing high costs and limited production gains.

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Iraq’s Fatah Alliance warns of potential risks in Iraqi-Jordanian oil pipeline project

The Fatah Alliance, led by Hadi al-Amiri, has raised concerns about the Iraqi-Jordanian oil pipeline, warning that Iraqi oil could potentially reach Israel through the project. The party’s leaders called for strict oversight and guarantees from Jordan to prevent such an outcome.

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Iraq seeks resumption of Kurdish oil exports, considers reviving pipeline with Syria

Iraq is advancing efforts to resume oil exports from the Kurdistan Region through Turkey's Ceyhan port, following a halt since March 2023 due to a legal dispute. Baghdad is also exploring the revival of the Kirkuk-Baniyas pipeline to the Mediterranean, a project estimated to cost $8 billion and take years to complete.

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Iraq eyes revival of Kirkuk-Baniyas oil pipeline to diversify export routes

Iraq is exploring the revival of the Kirkuk-Baniyas oil pipeline through Syria to reduce reliance on Turkey's Ceyhan route and expand access to European markets. The pipeline, once a critical export channel, has been dormant since the 1980s due to political and security issues.

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Iraqi Oil Ministry refutes MP's claims on Basra-Haditha pipeline

Iraq's Ministry of Oil refuted statements by MP Amer Abdul-Jabbar regarding the Basra-Haditha crude oil pipeline.

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Basra-Aqaba pipeline: Justifying an economic gamble

Iraq's controversial Basra-Aqaba oil pipeline project aims to diversify oil revenues but is criticized for economic feasibility and geopolitical implications, including concerns about indirect normalization with Israel.

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Basra-Aqaba pipeline: JustifyingRead More

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Turkey's failure to renew Iraqi oil export agreement: Experts discuss rationale, legality

1973 Iraq-Turkey oil export agreement will not be renewed: Turkish presidential decree

Kirkuk-Baniyas oil pipeline revival economically unviable amid political, security challenges

Kirkuk-Baniyas oil pipeline revivalRead More..

Iraq’s Fatah Alliance warns of potential risks in Iraqi-Jordanian oil pipeline project

Iraq seeks resumption of Kurdish oil exports, considers reviving pipeline with Syria

Iraq eyes revival of Kirkuk-Baniyas oil pipeline to diversify export routes

Iraqi Oil Ministry refutes MP's claims on Basra-Haditha pipeline

Basra-Aqaba pipeline: Justifying an economic gamble

Basra-Aqaba pipeline: Justifying anRead More..

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