KRG’s crude flow to Turkey’s Ceyhan reaches 650,000 barrels: Minister
KAYSERİ - Anadolu Agency
AA PhotoThe flow of crude oil from northern Iraq’s Kurdistan Regional Government (KRG) via Turkey’s Ceyhan Port has reached up to 650,000 barrels a day, from only around 2,300 barrels last March, Turkish Energy Minister Taner Yıldız has said.
“We have reached 650,000 barrels a day. Our aim is to increase this amount to 1 million barrels,” Yıldız said at a project launch meeting of the Kayseri Tailors Association on May 17.
“We said earlier that the more Iraq can sell its oil and gas reserves abroad, the more rapidly the country will normalize … We now see how appropriate our forecasts were. Around 2,300 barrels of crude oil came to Turkey from northern Iraq last March. This has now risen to 650,000 barrels a day, which represents a significant portion of Iraq’s 2.7 million barrels of exports a day. We aim to increase this to 1 million barrels,” he said.
“All the income is owned by the Iraqi people. Turkey has shown respect to the integrity of Iraq,” Yıldız added.
Crude oil flows into Turkey from Iraq, both from the Baghdad government and the Arbil government, via a 40-inch pipe and a 46-inch pipe.