IRAQ-TURKEY

Agreement Signed for Second Crude Oil Pipeline 

Iraq and Turkey have now finalized an agreement for the construction of a second crude oil pipeline with a through- put capacity of 500,000 b/d to carry Iraqi crude to the Ceyhan terminal on the Turkish Mediterranean coast. The agreement was signed in Ankara on 18 April by Mr. Qasim Ahmad Taqi, Iraqi Oil Minister, and Mr. Ahmet Alpetomcin, Turkish Minister of Finance and Customs. The new pipeline, which will run parallel to...