Oil Minister: Ceyhan export pipeline is ready, we hope to resume it within two days

Economy
  • 24-02-2025, 20:43
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    INA - BAGHDAD

    Oil Minister Hayan Abdul-Ghani confirmed on Monday the readiness of the Ceyhan export pipeline, indicating that there are discussions with the Turkish side to resume exports within the next two days.

    "The ministry is continuing to export oil through the southern outlet in Basra Port and Basra Oil Port," said Abdul-Ghani to the Iraqi News Agency - INA.

    He added, "The ministry now has discussions and correspondence with the Turkish side to resume exports," indicating that "once the Turkish side's approval arrives, exports will resume." 

    Abdul Ghani expressed his hope that “exports will resume within the next two days,” stressing that “the oil export pipeline to the Ceyhan oil port is ready, and there are some technical matters that need to be reorganized to resume exports.” 

    "The agreed-upon quantity for export through the Kurdistan Region according to the budget law ranges between 300 and 325 thousand barrels per day, part of which is used for local consumption, while the rest is exported," he included.