politics

Turkey Advances Energy Partnership with Iraq for Oil Supply

29 Temmuz 2026Al Jazeera

Ankara is poised to significantly enhance its energy security by potentially receiving 1 million barrels of Iraqi oil per day following Turkish Petroleum's acquisition of a stake in the BP-operated Kirkuk oilfield. This development marks a pivotal moment in Turkey's energy strategy, aiming to reduce reliance on othe…
The deal could reshape the regional energy landscape, providing both countries with economic benefits.
Turkey has been seeking to bolster its energy independence and reduce its reliance on imported oil. The Kirkuk oilfield, one of the largest in Iraq, has been a focal point of energy discussions, especially considering the geopolitical tensions in the region.
This agreement underscores Turkey's strategic pivot towards securing energy resources amid fluctuating global oil markets. By investing in Iraqi oilfields, Turkey not only diversifies its energy supply but also solidifies its influence in the region.

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