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Iraq has asked Turkey for an extension of the Kirkuk-Ceyhan pipeline agreement by at least one year

Ali Nizar, head of Iraqi state oil marketer SOMO said on its official website that Iraq has asked Turkey to extend the current Kirkuk-Ceyhan pipeline agreement for a minimum of a year in order to give more time to negotiate.

Since the beginning of June, Iraq has exported 12,000,000?barrels? of crude oil through its southern ports.

Ali Nizar, the SOMO's chief Ali Nizar, said that the Iraqi Government had requested Ankara for more time to?talks about a replacement contract covering the main export route.

The long-standing Turkey-Iraq Crude?Pipeline??Agreement that governs the exports via the Kirkuk-Ceyhan Pipeline is due to expire?on?July 27, 2019. Baghdad is still in talks with Ankara about a new draft of the agreement. Reporting by Muayad Suadi, Ahmed Rasheed and Ahmed Tolba; writing by Ahmed Tolba from Cairo; editing by Barbara Lewis

(source: Reuters)