Iran-Iraq pipeline deal to export oil from Kirkuk to Iran's refineries

Iran-Iraq pipeline deal to export oil from Kirkuk to Iran's refineries

Editorial Staff
Share
The construction of the oil pipeline was announced during the latest meeting between the two countries' energy ministers Zangeneh and al Luaibi. They also named the company that will conduct the feasibility study for the project

Iran and Iraq have reached a deal to build a pipeline that will export crude oil from the northern Iraqi fields of Kirkuk to refineries in Iran. This was announced by Iranian Oil Minister Bijan Zangeneh after a meeting in Tehran with his Iraqi counterpart Jabbar al Luaibi. Zanganeh added that they have also reached agreement with Iraq over the appointment of an international company to carry out the feasibility study of the project. Back in February, Iran and Iraq signed a framework agreement for exporting Iraqi oil through Iranian territory in a deal that underscored the stalemate over energy exports between Iraq’s federal government in Baghdad and the independent region of Iraqi Kurdistan. The two are locked in an ongoing dispute over the management of oil revenues from the north of the country and exported through the Turkish port of Ceyhan. The deal with Tehran has also fueled the Baghdad-Erbil dispute over the Kirkuk oil fields.