Oil flow via Iraq-Türkiye pipeline will resume: Turkish energy minister

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Oil flow via Iraq-Türkiye pipeline will resume: Turkish energy minister
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When pipeline restarts, around 500,000 barrels per day of oil will pump to global markets, says Türkiye's Energy Minister Alparslan Bayraktar.

970-kilometer-long pipeline, which has been in use for the previous 45 years but was damaged by the devastating earthquakes that struck Türkiye in February, will resume this week / Photo: AA

The 970-kilometer-long pipeline, which has been in use for the previous 45 years but was damaged by the devastating earthquakes that struck Türkiye in February, will resume this week, Alparslan Bayraktar confirmed. “Demand is growing in Türkiye and to meet this growing demand, we need a lot of investment in power, gas and oil,” Bayraktar said, given the expectations that electricity demand in the country will grow by 3.7% over the next two decades.

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