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International
Iraq, Turkey Sign One-Year Pipeline Deal to Transport 750,000 Barrels Daily
✍️ Gulf News
🗓 03 Aug 2026, 06:22 AM
👁 2
Iraq and Turkey have agreed to a one-year oil pipeline agreement that aims to move 750,000 barrels of crude per day between the two nations.
Iraq and Turkey have reached a one‑year pipeline agreement to transport crude oil between the two countries. The deal targets a daily throughput of 750,000 barrels, a significant increase in bilateral energy trade. Officials said the pipeline will be constructed and operational within the agreed timeframe, enhancing supply security for both nations. The agreement is seen as a step toward deeper economic cooperation and regional stability.