Iraq asks Turkey to extend Kirkuk-Ceyhan oil pipeline agreement for one year
Iraqi officials requested a one-year extension of the Kirkuk-Ceyhan oil pipeline pact. The request was conveyed by the head of Iraq's state oil marketing organization.
Iraqi officials asked Turkey to extend the existing agreement covering the Kirkuk-Ceyhan oil pipeline for at least one additional year. The request was made by the head of Iraq's state oil marketing organization, according to a report from @financialjuice.
Pipeline agreement details The Kirkuk-Ceyhan pipeline transports crude oil from northern Iraq to Turkey's Mediterranean coast. The current pact governs transit terms and fees between the two countries. No response from Turkish officials has been reported. The pipeline has served as a key export route for Iraqi oil since it began operations decades ago.

