Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; BREAKING NEWS: The crude oil pipeline agreement signed between Türkiye and Iraq in 1973 is passing through a historical threshold. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; While the oil flow from Iraq to Türkiye, which has been continuing for decades within the scope of the agreement, is expected to stop as of July 27, the blockage in the Strait of Hormuz due to US-Iran tension further increases the strategic importance of the Kirkuk-Ceyhan line, which opens to Western markets. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; A new formula is in effect for the line, which has been closed for more than two years after the international arbitration court ruled that Ankara should pay 1.5 billion dollars in compensation for exporting Northern Iraqi oil without Baghdad's approval between 2014 and 2018. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Minister of Energy and Natural Resources Alparslan Bayraktar answered the questions of journalists and explained the current situation and the new action plan on the table. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; Referring to the international arbitration court's decision regarding the 2014-2018 period, Minister Bayraktar said, "Arbitration has already made its decision for the 2014-2018 period. We said it then. Turkey will pay this much, Iraq will pay this much to Türkiye, it will be calculated with interest and we will see who will be the creditor accordingly." he said. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; Explaining that they are waiting for the legal procedure to be completed, Bayraktar said: While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; "That decision has not been made yet. The court in D.C. will make that decision. In other words, that court is continuing for enforcement. But in the meantime, we made an objection to the court in Paris regarding that first decision. But we wanted the legal procedure to be completed. What we are looking at right now is the ongoing enforcement case, the enforcement case in Washington. We will look at it. An accounting will be made there. Here, the interest will be calculated so that our receivables come from a long time ago. Accordingly, that period will be closed. Arbitration for the period after 2018 The case is ongoing." Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Answering the question whether the negotiations to extend the pipeline agreement with Iraq were included in this process, Bayraktar said, "We are not extending the pipeline agreement. We said a year ago that we would not renew this agreement." he said. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Pointing out that the current agreement is causing problems, Bayraktar said, "Because we are saying this. In other words, this agreement was signed in 2010, and Iraq took us to arbitration in 2014. Do you want to continue with such an agreement, that is, an agreement that causes disagreements? We do not want to do it. This agreement does not work. It has left us alone with arbitration. Therefore, there needs to be a new setup. There needs to be a new agreement." he said. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; Stating that they sent a new draft agreement to the Iraqi side a year ago, Bayraktar stated that it was impossible to hold a comprehensive negotiation until the end of July due to the elections in Iraq and the process of establishing the new government. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.