Oil Minister: Iraq is close to resolving an oil dispute with Turkey 

Baghdad-INA 

The Minister of Oil, Ihsan Abdul-Jabbar, announced today, Friday, that Iraq is close to resolving an oil dispute with Turkey in its favour, with an international decision.

A statement issued by the Ministry of Oil, received by the Iraqi News Agency (INA), said that "the final session of the arbitration panel of the International Chamber of Commerce in the dispute between the Republic of Iraq and the Republic of Turkey regarding the pipeline agreement between Iraq and Turkey was held in Paris, July 2022.".

The Minister of Oil, Ihsan Abdul-Jabbar Ismail, affirmed "Iraq's keenness to restore its legitimate rights to its national wealth in accordance with international laws and treaties," stressing Iraq's respect for just and equitable decisions issued by courts and relevant authorities that consider cases related to violations and disputes, including those related to oil wealth.

The Minister of Oil added that he "firmly believes that the correct approach is to work on resolving these issues by resorting to peaceful legal methods."
According to the statement, the International Chamber of Commerce is considering the arbitration case filed by the Republic of Iraq against the Republic of Turkey for violating the provisions of the Iraqi-Turkish pipeline agreement signed in 1973, which stipulates that the Turkish government must comply with the instructions of the Iraqi side regarding the movement of crude oil coming from Iraq in all centers Storage, drainage and terminal.