Iraq and Turkiye sign pipeline deal to ship at least 750,000 barrels per day to Ceyhan

Iraqi Prime Minister Ali Falih Al Zaidi announced on Saturday 1 August 2026 that Iraqi and Turkish companies will begin operations under a new agreement to transport crude oil exports through the Iraq to Turkiye pipeline to the Port of Ceyhan. He called the deal a strategic milestone for restoring Iraqi crude flows through the pipeline and expanding economic cooperation with Turkiye.

Earlier the same day, Oil Minister Bassem Mohammed Khudair Al Abadi signed the one year agreement with the Turkish side. It sets a minimum Iraqi crude transport rate of 750,000 barrels per day through the pipeline, pending completion of a wider framework.

According to Al Zaidi, Baghdad and Ankara are finalising that broader framework, covering oil, electricity, water resources and other areas of mutual interest. The return of this export route matters for the West Asian oil market because it adds regional export capacity along a path that does not pass through the Strait of Hormuz.