21:11 - 9.07.2026

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July 9, Fineko/abc.az. The operational bottlenecks surrounding the Iraq-Turkey Crude Oil Pipeline are tracking resolutions, with a new strategic consensus scheduled for official endorsement.

According to ABC.AZ, Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, introduced these updates following high-level bilateral talks alongside Iraqi Oil Minister Basim Muhammed Hudeyir in Baghdad. The Turkish Minister confirmed that crude oil flows from Iraq to the Ceyhan marine terminal will actively sustain momentum, noting that a comprehensive agreement covering the next 12 months has reached its concluding phase.

Minister Bayraktar reaffirmed that maximizing the logistical grid remains the core driver of the joint energy vision. "We are working with a strategic goal to convert the 'Development Road' (Kalkınma Yolu) framework into more than just a commercial shipping corridor, pivoting the mechanism into a definitive regional energy line," Bayraktar noted, adding that coordinated structural execution with the newly established Iraqi government will systematically push bilateral energy dynamics higher.