Türkiye's Ceyhan Port Poised for Major Role in Iraqi Oil Exports
Iraq is looking to boost its oil exports through Türkiye's Ceyhan Port, which could become a major regional hub for Iraqi crude. According to Iraqi Prime Minister Ali al-Zaidi, the country aims to increase its export capacity by pursuing alternative routes through Syria's Baniyas and Jordan's Aqaba ports.
With disruptions in oil shipments through the Strait of Hormuz causing problems, Iraq is seeking to diversify its export options. Zaidi stated that the closure of the strait poses a major challenge, but efforts are underway to increase oil exports through Ceyhan. The port currently receives crude from Iraq's Kirkuk and other producing fields for loading onto tankers.
Türkiye and Iraq have signed an agreement to transport at least 750,000 barrels per day of Iraqi crude through the Iraq-Türkiye pipeline, which has a technical capacity of about 1.5 million barrels per day. This could significantly increase Iraqi crude flows to Ceyhan, making it a key junction for regional oil flows into international markets.