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Turkey and Syria outline plans for oil and gas cooperation

On Wednesday, Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar held a joint press conference with his Syrian counterpart, Mohammed al-Bashir, in Damascus. The primary topic of discussion was Turkey’s readiness to begin upstream activities in Syria, both through the state-owned Turkish Petroleum Corporation (TPAO) and private firms – whom Bayraktar stated would be ready […]

The Real Reason Why Turkey Is Still Blocking KRG Oil

There has been much excitement in recent days among those who know nothing much worth knowing about the issue that the long-running ban on oil sales from the Kurdistan Region of Iraq (KRI) to Turkey may be lifted soon. Supposedly, the government of the Erbil-based semi-autonomous region of Kurdistan (the KRG) and the Baghdad-based Federal Government of Iraq (FGI) have agreed on a new mechanism for oil exports from the Kurdistan Region to the Turkish port of Ceyhan.

Turkey Eyes New Deal with Iraq on Idled Oil Pipeline

The potential renegotiation is the latest step in the saga that started in March 2023, when Turkey closed the link after an arbitration court ordered the country to pay Iraq $1.5 billion over unauthorized exports. Numerous attempts to restart shipments have since failed – including due to disagreements between Iraq, its semi-autonomous Kurdistan region and companies operating in the area.