By Anadolu staff
ISTANBUL (AA) - Prime Minister Mohammed Shiaa al-Sudani said Thursday that oil produced in fields within Iraq's Kurdish Regional Administration (KRG) will be exported through the Iraq-Türkiye pipeline.
“Today we reached a historic agreement under which the Federal Ministry of Oil will receive crude oil produced from the fields in the Kurdistan Region of Iraq and export it through the Iraq–Türkiye pipeline,” al-Sudani said on the US social media company, X.
He said the deal ensures “fair distribution of wealth, diversification of export outlets, and encouragement of investment.”
Al-Sudani called the agreement “an achievement 18 years in the making.”
The KRG Ministry of Natural Resources announced earlier that agreements had been signed with local and foreign companies to start oil exports, and that the decision by the Iraqi Ministry of Oil was awaited to launch the oil flow as soon as possible.