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Iraq and Turkiye discuss a one year deal setting minimum crude exports of 750,000 barrels per day via the Ceyhan pipeline

1 August 2026 | 3 months ago

Iraq and Turkiye held talks on Saturday 1 August 2026 on a one year agreement that would set a minimum Iraqi crude export volume of 750,000 barrels per day through the Iraq to Turkiye pipeline to the port of Ceyhan.

The Ankara talks were led by Iraqi Oil Minister Basim Al-Abbadi and Turkish Energy and Natural Resources Minister Alparslan Bayraktar. Iraq's Oil Ministry said the temporary deal would remain in force while both sides develop a broader framework covering oil, electricity and water resources. The previous bilateral framework expired on 27 July 2026.

The pipeline is Iraq's only active crude export outlet outside its southern terminals. It reopened in September 2025 after a shutdown of about two and a half years linked to an international arbitration dispute over Kurdistan Region crude exports. Volumes on the route affect how much West Asian crude reaches global markets.

Source:Shafaq NewsThe source text

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