Oil Pipeline
Turkey announces that the pipeline agreement with Iraq will expire on July 2026
According to a ruling that was published in the Official Gazette of Turkey on Monday, the 1975 agreement between Turkey and Iraq on pipelines will expire on July 20, 2026. The neighbours are continuing their work on restarting oil flow from an existing pipe. The presidential order states that the Turkey-Iraq Crude Oil Pipeline Agreement, which was signed by the Turkish government in 1973 and implemented in 1975, and all protocols and memoranda following it will cease to exist on July 27, 2026. The decision was made without any explanation. Iraq and Turkey are working together to restore oil flow...