{"id":85751,"date":"2025-04-16T00:00:00","date_gmt":"2025-04-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/04\/16\/turkey-iraq-reach-principal-agreement-for-oil-gas-pipeline-project\/"},"modified":"2025-04-16T00:00:00","modified_gmt":"2025-04-16T00:00:00","slug":"turkey-iraq-reach-principal-agreement-for-oil-gas-pipeline-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/04\/16\/turkey-iraq-reach-principal-agreement-for-oil-gas-pipeline-project\/","title":{"rendered":"Turkey, Iraq reach principal agreement for oil, gas pipeline project"},"content":{"rendered":"

<\/strong>Turkey <\/strong>+ Iraq to set up oil, nat gas pipeline:<\/strong> Turkey and Iraq have reached a \u201cprincipal agreement\u201d on proposed pipelines delivering oil and natural gas from Basra to Turkey\u2019s Ceyhan Port, Turkish Energy Minister Alparslan Bayraktar told S&P Insights<\/a> on Sunday. The pipeline is slated to grant Basra smoother access to Mediterranean Sea ports.<\/p>\n

The details: <\/strong>The pipelines will deliver goods from southern Iraq\u2019s Basra northward to Haditha, and then to Silopi, a city on Turkey\u2019s southern border \u2014 a route poised to circumvent the semiautonomous Kurdistan region in Iraq. The new infrastructure will connect with the Basra-Haditha pipeline<\/a> approved by Baghdad at the close of 2024, which was reportedly slated to convey some 2.3 mn bpd<\/a> of crude. Turkey\u2019s existing Silopi-Ceyhan pipeline requires access to Basra\u2019s resources to reach its target of transporting 1.5 mn bpd, Bayraktar said.<\/p>\n

Big picture:<\/strong> The suggested pipelines will be part of the Iraq Development Road<\/a>, an endeavour to link Iraqi logistics hotspots, like the Grand Faw Port, to Turkey via rail and road. Turkey said last year it would invest USD 17.9 bn<\/a> in the project. <\/p>\n

\n

IN OTHER TRADE UPDATES-<\/p>\n

Adnoc inked a 15-year sales and purchase agreement with Japanese firm Mitsui & Co. for the <\/strong>supply <\/strong>of <\/strong>0.6 mn tons per annum of LNG<\/strong>, Wam<\/a> reports. The LNG will be supplied from Adnoc\u2019s low-carbon Ruwais LNG project.<\/p>\n

Background:<\/strong> Mitsui acquired<\/a> a 10% stake in the USD 7 bn Ruwais liquefied natural gas (LNG) project in July. Mitsui inked the supply agreement for 0.6 mn tons at the time. Mitsui is also a partner on the UAE\u2019s only LNG export plant on Das Island. <\/p>\n

Adnoc is big in Japan:<\/strong> The company is also supplying Japan's Jera with LNG<\/a> under a USD 450 mn agreement from Adnoc's Das Island liquefaction facility. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Adnoc inks a 15-year LNG agreement with Japan\u2019s Mitsui & Co.<\/p>\n","protected":false},"author":1,"featured_media":85752,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[183,35,227,37,121,135,32,231,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-adnoc","tag-iraq","tag-lng","tag-ports","tag-rail","tag-roads","tag-trade","tag-turkey","tag-uae","wpautop","entry"],"acf":{"mongo_id":"733dc778-f8f8-4ead-b433-116863eb3cff","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/989.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Turkey, Iraq reach principal agreement for oil, gas pipeline project","related_issue":[85741],"teaser":"PLUS: Adnoc inks a 15-year LNG agreement with Japan\u2019s Mitsui & Co.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.0191a5b0-2c62-4648-a041-3d0fb19717d6.mp3"},"yoast_head":"\nTurkey, Iraq reach principal agreement for oil, gas pipeline project - 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