Iraq-Turkey pipeline outlook unclear despite deal
Major issues remain despite agreement between Iraq and Kurdistan
It is a strange victory. Iraq won the crucial pipeline arbitration, but its prize is much less than it hoped. Turkey, which had wanted to compromise, comes out as the enforcer. And despite an apparent breakthrough in talks, the Kurdistan region—not even a party to the case—is the loser on both sides. Back in 2014, the autonomous Kurdistan region, which operates its own petroleum sector despite Baghdad’s claims of supremacy, began exporting oil via a link to the Iraq-Turkey pipeline, originally built in 1976 from Iraq’s Kirkuk fields to Turkey’s Mediterranean port of Ceyhan. In May 2014, Iraq's federal oil ministry filed for arbitration in Paris against Turkey and the country's national pipe
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






