Turkish media: Erdogan ends 52-year Iraq-Turkey oil agreement
Reports indicated that President Erdogan officially signed a decision to end the crude oil pipeline agreement, originally signed between Turkey and Iraq in 1973. The decision was published in the official gazette, bearing President Erdogan's personal signature. It stipulates the official termination of the agreement effective July 27, 2026.
According to the reports, the decision was published in the Turkish Official Gazette, issue (10113). It also states that all protocols and additional documents linked to this historic agreement will cease to be valid. The agreement, signed over five decades ago, aimed to ensure the export of crude oil from Iraq to Turkey's Ceyhan port. It underwent several amendments over the years, with the last extension in 2010 for an additional 15 years, a period that will naturally conclude next year.
This termination decision includes all associated protocols and additional documents, posing new options for the future of Iraqi oil exports via Turkish territory. This could potentially redraw the economic relationship between Baghdad and Ankara. The Iraq-Turkey pipeline has been a strategic artery for exporting Iraqi oil to global markets and a central point in the economic ties between the two nations, especially amidst recent tensions related to legal disputes between Baghdad and Erbil, and Ankara's use of the pipeline to export northern region's oil despite the Iraqi government's objections.
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