Turkey Resolves Energy Crisis with Baghdad

Iraq will benefit from the stability of Turkey, which should not be a surprise. The 15-year agreement foresees exports of at least 1.5 million barrels of oil daily through the Kirkuk-Yumurtalik pipeline.”

7–8 million barrels

Yildiz underlined the importance of keeping the process moving without disruptions, with the full consent of the parties. “God willing, we will see the day when oil and natural gas exports will reach 7–8 million barrels. We see Iraq as an integrated whole that can’t be broken apart. The agreements we made with northern Iraq and the central government will contribute significantly to the normalization of Iraq.”

Barzani: No reason for any fear

Nechirvan Barzani, the KRG prime minister, who attended the Kurdistan-Iraq Oil and Natural Gas conference at Erbil, said, “The energy agreements we reached with Turkey, signifying the beginning of a new Iraq. There is no reason for any fear. All our discussions and negotiations are carried out on legal premises.”

Yildiz also met with the president of the KRG, Massoud Barzani, to discuss the recent developments in oil accords and relations between Iraq, the KRG and Turkey. Yildiz also met with KRG Minister of Natural Resources Ashti Avrami and Minister of Electricity Sheikh Abubakir Yassine.

2 Responses to Turkey Resolves Energy Crisis with Baghdad