Iraqi minister to visit Turkey for oil export talks

DAILY SABAH
ISTANBUL
Published 19.02.2018 15:27
A general view at Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAŞ), some 70 km (43.5 miles) from Adana, Turkey, Feb. 19, 2014. (Reuters Photo)
A general view at Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAŞ), some 70 km (43.5 miles) from Adana, Turkey, Feb. 19, 2014. (Reuters Photo)

Iraqi Minister of Oil Jabar al-Luaibi will visit Ankara this week for talks on exporting oil through Turkey, the ministry said Monday.

Luaibi is scheduled to meet with Energy and Natural Resources Minister Berat Albayrak.

The two sides are expected to discuss resumption of export of Iraqi oil through the port of Ceyhan, on Turkey's eastern Mediterranean coast.

In November, the two countries launched talks regarding exporting oil drilled from Kirkuk via Ceyhan, with Baghdad announcing plans to build a new pipeline to the port.

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, and holds the world's fifth-largest proven crude oil reserves after Venezuela, Saudi Arabia, Canada and Iran, according to the U.S. Energy Information Administration (EIA).

Share on Facebook Share on Twitter