Iraq, Turkiye yet to agree on northern oil exports resumption

Iraq’s oil minister Hayan Abdel-Ghani speaks during a press conference at Iraq’s Majnoon oil field near Basra, Iraq, May 12, 2023. (Reuters/File)
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Updated 22 August 2023
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Iraq, Turkiye yet to agree on northern oil exports resumption

  • Turkiye halted flows after an arbitration ruling ordered Ankara to pay Baghdad damages of $1.5 billion for unauthorized exports

BAGHDAD: Iraq’s oil minister and his Turkish counterpart did not reach an agreement to immediately resume Iraq’s northern oil exports but agreed to hold more talks in the future, said two energy sources with knowledge of the ministers’ meeting in Ankara on Tuesday.

Turkiye halted flows on March 25 after an arbitration ruling by the International Chamber of Commerce ordered Ankara to pay Baghdad damages of $1.5 billion for unauthorized exports by the Kurdistan Regional Government between 2014 and 2018.

The block consists mainly of oil originating from Iraq’s semi-autonomous Kurdish region.

The results of the meeting were to allow Turkiye and Iraq to finalize pipeline maintenance before resuming oil flow, said an Oil Ministry statement.

Iraq’s Oil Minister Hayan Abdel-Ghani had arrived in the Turkish capital to discuss issues including the resumption of oil exports through the Ceyhan oil terminal, a source in the minister’s office said earlier.

An Iraqi Oil Ministry official who is close to the northern oil exports operations said on Tuesday that the Turkish Energy Ministry informed Iraq’s state-owned marketer SOMO last month that it needed more time to check the technical feasibility of the pipeline to resume flows.

“Turkish Energy Ministry informed SOMO last month that more time is needed to check the pipeline and crude storage tanks in Ceyhan for any damages resulting from the earthquake-hit Turkiye,” said the Iraqi official.


Algeria inaugurates strategic railway to giant Sahara mine

President Tebboune attended an inauguration ceremony in Bechar. (AFP file photo)
Updated 02 February 2026
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Algeria inaugurates strategic railway to giant Sahara mine

  • The mine is expected to produce 4 million tons per year during the initial phase, with production projected to triple to 12 million tons per year by 2030
  • The project is financed by the Algerian state and partly built by a Chinese consortium

ALGEIRS: Algerian President Abdelmadjid Tebboune on Sunday inaugurated a nearly 1,000-kilometer (621-mile) desert railway to transport iron ore from a giant mine, a project he called one of the biggest in the country’s history.
The line will bring iron ore from the Gara Djebilet deposit in the south to the city of Bechar located 950 kilometers north, to be taken to a steel production plant near Oran further north.
The project is financed by the Algerian state and partly built by a Chinese consortium.
During the inauguration, Tebboune described it as “one of the largest strategic projects in the history of independent Algeria.”
This project aims to increase Algeria’s iron ore extraction capacity, as the country aspires to become one of Africa’s leading steel producers.
The iron ore deposit is also seen as a key driver of Algeria’s economic diversification as it seeks to reduce its reliance on hydrocarbons, according to experts.
President Tebboune attended an inauguration ceremony in Bechar, welcoming the first passenger train from Tindouf in southern Algeria and sending toward the north a first charge of iron ore, according to footage broadcast on national television.
The mine is expected to produce 4 million tons per year during the initial phase, with production projected to triple to 12 million tons per year by 2030, according to estimates by the state-owned Feraal Group, which manages the site.
It is then expected to reach 50 million tons per year in the long term, it said.
The start of operations at the mine will allow Algeria to drastically reduce its iron ore imports and save $1.2 billion per year, according to Algerian media.