According to Bloomberg, referring to a high Turkish official who wanted to remain anonymous, Ankara believes that the existing contract does not use enough oil pipelines and that the new structure could bring more benefits to Turkey and Iraq.
New negotiations are officially not mentioned, but it is clear that Turkey will look for new conditions, adds a New York Agency.
The oil region oil is not operated in the Mediterranean port of the Mediterranean port for more than two years due to the dispute on payments. Last Sunday, the Federal Government of Iraq and the Kurdish Regional Administration have reached an agreement on oil transfer, which could mark the renovation of exports, but contracts with companies in Kurdistan have not yet been concluded.
Before closing in March 2023. year, about 500,000 barrels of oil were transported daily daily. Then Turkey suspended the flow after the arbitral tribunal ordered that Iraq pays $ 1.5 billion due to the violation of the previous contract.
The original pipeline agreement between Turkey and Iraq was signed in 1973 and extended in 2010. years.
(Vijesti.ba)
