BasNews

Iraq Planning to Set up Oil Pipeline Through Kurdistan

The Iraqi government is planning to establish a new pipeline crossing the Kurdistan Region to Turkey, through which its oil in the northern fields will be exported on the international markets.

Asim Jihad, a spokesperson for Iraq’s ministry of oil confirmed the report to Kurdistan 24 without indicating any timeline.

He also highlighted the recent agreement between Erbil and Baghdad through which the crude exports from Kirkuk fields and via Kurdistan Region’s pipeline have been resumed.

He pointed out that the parties in the agreement are now exporting 50,000 to 60,000 barrels of oil from Kirkuk to Turkey’s Ceyhan port, planning to increase the flow rate in the near future. Source