Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake
Turkiye and Iraq have announced a new energy cooperation framework that includes a Turkish stake in the Kirkuk oilfield and a possible increase in Iraqi oil supplies to Turkiye. The announcement was made in Ankara during a joint news conference between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi. It comes as the long-running Iraq-Turkiye crude oil agreement expired on 27 July.Erdogan said state-owned Turkish Petroleum will acquire a 15% stake in BP Energy Company of Kirkuk Limited under a separate share-transfer agreement. He also said al-Zaidi had offered to supply Turkiye with up to 1 million... [Continue Reading]
360LiveNews | 29 Jul 2026 03:00 LONDON
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