Iraq and Turkey to boost energy ties

Iraq and Turkey agreed to boost energy cooperation, including shipping Iraqi oil and natural gas to Europe via Turkey, Milliyet newspaper said.
The neighboring countries agreed on the measures during a meeting in Ankara yesterday between Iraqi Oil Minister Hussain al-Shahristani and his Turkish counterpart Hilmi Guler, the newspaper said. Turkey is a partner in the Nabucco gas pipeline to supply Europe with fuel from western and central Asia.
The agreement includes boosting the capacity of the Kirkuk oil pipeline fro northern Iraq to Turkey’s Mediterranean coast, according to the Istanbul-based newspaper.

The ministers also agreed to build at least two thermal power stations in Iraq and Turkey and expand existing electricity links to help meet Iraqi needs, Guler said.
Iraq also invited Turkey’s state oil company Turkiye Petrolleri Anonim Ortakligi to bid for contracts to explore for oil, Guler said, according to Milliyet.

(Bloomberg)

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