Iraqi Prime Minister Describes Oil Export Agreement via Turkey as a "Strategic Achievement"

Baghdad, Jan 8 (KUNA) -- Iraqi Prime Minister Ali al-Idi said that his country signed an agreement with Turkey on Saturday regarding the transportation and loading of Iraqi crude oil through the Iraq-Turkey pipeline to the Ceyhan port, at a minimum rate of 750,000 barrels per day. Al-Idi described the agreement on the X platform as an important “strategic achievement” crucial for ensuring the smooth flow of Iraqi oil exports and enhancing economic cooperation between Iraq and Turkey. He noted that Iraqi and Turkish companies would begin their work in this regard, while the governments of the two countries would work along a well-considered path to complete a framework agreement covering the oil, electricity, and water resources sectors, among other areas of cooperation that enhance shared interests and support development and stability. Earlier on Saturday, Saeed al-Rikabi, spokesperson for the Iraqi Ministry of Oil, said that Oil Minister Basim al-Abadi began an official visit to Turkey to sign an agreement for exporting oil for one year through the Turkish Ceyhan port at a capacity of 750,000 barrels per day. He clarified that the agreement serves as a precursor to a comprehensive deal aimed at raising export capacity to more than one million barrels per day following the completion of the Basra-Haditha-Kirkuk-Ceyhan pipeline. (End) A.H.H./N.S.A.