Turkiye and Iraq secure strategic energy route with one year pipeline extension

❗️Turkiye and Iraq secure strategic energy route with one year pipeline extension Turkiye and Iraq have successfully extended their critical oil pipeline agreement for an additional twelve months, locking in a vital export corridor capable of moving 750,000 barrels of crude daily. Turkish Energy Minister Alparslan Bayraktar announced the deal following an agreement between Pipeline Transportation Inc and Iraqi state firms SOMO and NOC, securing a reliable flow from northern fields directly to the Mediterranean port of Ceyhan. This short term arrangement bypasses the increasingly volatile Strait of Hormuz, providing both regional capitals with crucial economic stability and energy security amid shifting geopolitical tides in West Asia. While talks continue toward a permanent, long term framework for the half century old infrastructure, the interim pact ensures uninterrupted transit and reinforces bilateral cooperation between Ankara and Baghdad.