Turkiye and Iraq have signed a one-year agreement to keep crude flowing through the Kirkuk-Ceyhan Oil Pipeline, which runs from Iraq to Turkiye. Turkish state firm BOTAS and Iraqi state oil companies SOMO and NOC signed the deal on Saturday in Ankara, days after a decades-old bilateral arrangement expired the previous Monday. The agreement followed Iraqi Prime Minister Ali al-Zaidi’s visit to Ankara and his meeting with Turkish President Recep Tayyip Erdogan four days earlier.

Turkish Energy Minister Alparslan Bayraktar said the transit arrangement covers a daily capacity of 750,000 barrels and was agreed after a meeting with Iraqi Oil Minister Bassem Mohammed Khudair. He said efforts toward a new long-term pipeline agreement were continuing. The pipeline’s maximum capacity is about 1.5 million barrels per day, but flows have remained substantially lower in recent years.

According to Turkish data, the pipeline currently carries about 170,000 barrels per day, largely from fields in Iraq’s Kurdistan region. Iraq has sought alternative export routes after Iran’s effective closure of the Strait of Hormuz disrupted Gulf shipments. Baghdad and Ankara are also pursuing a broader framework covering oil, electricity, water resources and other cooperation, while Turkiye seeks eventually to carry crude from Iraq’s southern fields.