Iraq, Turkiye Discuss Energy Cooperation and KRI Oil Exports

By John Lee.

Iraqi Prime Minister Mohammed S. Al-Sudani met with Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, to discuss energy cooperation and economic ties.

Al-Sudani reiterated Iraq's commitment to collaboration with Turkish companies, particularly in the energy sector, including cross-border electricity interconnection and cooperation on the Strategic Development Road Project. He also stressed the need for enhanced water management cooperation to secure stable inflows to Iraq.

The Prime Minister reaffirmed ongoing efforts to resume oil exports from the Kurdistan Region of Iraq (KRI), noting that discussions with international oil companies are underway to resolve technical issues preventing exports.

Bayraktar expressed Türkiye's interest in expanding energy ties, including refinery and petrochemical projects, and emphasized the importance of exporting Iraqi oil through the Ceyhan port. He also highlighted investment opportunities within the Strategic Development Road Project.

Full statement from the Media Office of the Prime Minister:

Prime Minister Mohammed S. Al-Sudani Meets Turkish Minister of Energy and Natural Resources

Prime Minister Mohammed S. Al-Sudani met on Monday with the Turkish Minister of Energy and Natural Resources, Mr. Alparslan Bayraktar.

During the meeting, Prime Minister Al-Sudani reaffirmed the Iraqi government's commitment to strengthening joint cooperation with Turkish companies across various sectors, particularly in the energy sector, where Iraq is working to diversify its energy sources. This includes efforts to increase electricity imports through cross-border interconnection and cooperation on the Strategic Development Road Project. Additionally, he emphasized the importance of reinforcing cooperation on water management to ensure stable and regular water inflows to Iraq.

The Prime Minister also highlighted the government's extensive efforts to resume oil exports from the Kurdistan Region of Iraq (KRI), stating that negotiations are ongoing with international oil companies operating in the KRI to resolve technical issues necessary for restarting exports.

For his part, Minister Bayraktar expressed Türkiye's keen interest in further expanding cooperation with Iraq across various fields, including refinery projects and petrochemical industries. He also underscored the importance of exporting Iraqi oil from Basra through Türkiye's Ceyhan port, and discussed the Strategic Development Road Project, emphasizing the promising investment opportunities it offers.

(Source: PMO)

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