Iraq has requested that the capacity of the Kirkuk-Ceyhan oil pipeline be nearly four times its current flows under a proposed one-year interim agreement with Türkiye, Energy Minister Alparslan Bayraktar said Monday.
The decades-old pact that governed exports through the Iraq-Türkiye Crude Oil Pipeline is due to expire on July 27. Bayraktar said last week that the sides are set to sign a 12-month agreement in the coming days to keep the pipeline open.
Türkiye had submitted a draft of a new long-term agreement to Baghdad, but negotiations had been delayed amid Iraq's elections and the formation of a new government.
Bayraktar said the process had made it unlikely that a comprehensive deal could be concluded before the current pact expires.
"As an interim solution, we proposed signing a one-year oil transportation agreement ... so that flows do not stop on July 27," he told reporters after a Cabinet meeting.
