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Turkiye Terminates Iraq Crude Oil Pipeline Agreements
Turkiye Terminates Iraq Crude Oil Pipeline Agreements

Iraq Business

time7 days ago

  • Business
  • Iraq Business

Turkiye Terminates Iraq Crude Oil Pipeline Agreements

By John Lee. The Government of Turkiye has officially announced the termination of the long-standing Iraq-Turkey Crude Oil Pipeline Agreements, effective 27 July 2026, by Cabinet Decision No. 10113. The termination applies to the following agreements and related documents: The Crude Oil Pipeline Agreement dated 27 August 1973, approved by Cabinet Decision No. 7/9843 of 22 April 1975; The Pipeline Protocol dated 10 October 1976, approved by Decision No. 7/12745; The Memorandum of Understanding (MoU) and accompanying letters approved by Decision No. 8/2403 of 16 February 1981, particularly Section VI and its annexes; The Supplementary Agreement to the Crude Oil Pipeline Agreement, approved by Decision No. 86/10556 on 11 April 1986; The Amendment Agreement dated 15 April 2011, approved by Decision No. 2011/1705, which modified the original 1973 agreement and subsequent related protocols, MoUs, meeting minutes, and annexes. According to a statement from Government of Turkiye, this decision marks a significant legal and geopolitical step in redefining the terms of energy cooperation between Turkey and Iraq, as the original agreement had governed the operation and transit terms of the Kirkuk-Ceyhan crude oil pipeline for over five decades. The reasons for the termination have not yet been officially disclosed, but the move is expected to have wide-ranging implications for regional energy trade, pipeline operations, and diplomatic relations. Exports of crude oil from northern Iraq via the Turkish port of Ceyhan have been halted since 25 March 2023, following legal action by Iraq's federal oil ministry against Turkey's energy ministry. The KRG stated this stoppage has cost the federal government, the region, and oil companies more than 25 billion dollars. Last week, the Ministry of Oil in Baghdad approved the terms of a new arrangement for the export of oil from Iraqi Kurdistan. See text of the official announcement here. (Source: Official Gazette of the Republic of Turkey) Tags: Association of the Petroleum Industry of Kurdistan (APIKUR), Ceyhan, cg, featured, Genel Energy, GKP, Gulf Keystone Petroleum, Iraq Oil Exports News, Iraq Oil Production News, Iraq-Turkey Pipeline (ITP), Iraq-Türkiye Pipeline, KRG, Kurdistan News, Ministry of Oil, oil contracts, oil revenues, State Oil Marketing Organization (SOMO), Turkey, Turkiye

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