Iraq Turkey energy cooperation could enter a new phase as both countries work toward a comprehensive agreement covering oil and energy projects. Turkish President Recep Tayyip Erdogan announced the plan after meeting Iraqi Prime Minister Ali al-Zaidi in Ankara. The discussions focused on strengthening long-term energy partnerships and expanding investment in Iraq’s oil sector. Both governments aim to reach an agreement that supports their shared economic interests.
Following the bilateral talks, President Erdogan said Turkey hopes to finalize a broad energy cooperation agreement as soon as possible. He described the proposed deal as beneficial for both countries and emphasized the importance of continued collaboration. Energy remains one of the most significant areas of cooperation between Iraq and Turkey. Officials expect further negotiations in the coming weeks.
A major topic during the discussions involved Iraq’s Kirkuk oilfield. Turkish officials confirmed that the state-owned energy company, TPAO, will participate in operations at the field alongside British Petroleum (BP). Turkey’s Energy Minister Alparslan Bayraktar announced that TPAO has acquired a 15 percent stake in BP Energy Company of Kirkuk Limited. The investment gives the Turkish company a role in developing one of Iraq’s most important oil assets.
According to Turkish officials, TPAO will work with its partners to increase production at the Kirkuk oilfield. The field contains estimated reserves of around three million barrels, making it one of Iraq’s valuable energy resources. Increased production could strengthen Iraq’s oil sector while creating new opportunities for regional energy cooperation. Officials believe the partnership will benefit both countries.
The future of the Kirkuk-Ceyhan oil pipeline also featured prominently during the meetings. The long-standing agreement governing crude oil shipments through the pipeline expired on July 27. Leaders had expected to announce an extension during the visit, but they did not reveal a new pipeline agreement following the signing ceremony. Both sides are expected to continue negotiations on the issue.
During the visit, Iraq and Turkey signed three separate agreements covering areas of bilateral cooperation. Officials indicated that additional agreements remain under discussion as negotiations continue. Both governments expressed their commitment to expanding cooperation beyond the energy sector. Economic development and regional connectivity remain common priorities.
Energy cooperation has become increasingly important for both countries as they seek to strengthen regional economic partnerships. Iraq continues working to modernize its energy sector while attracting foreign investment. Turkey also aims to expand its participation in regional energy projects through its state-owned companies. These shared objectives continue driving closer bilateral relations.
Looking ahead, Iraq Turkey energy cooperation is expected to remain at the center of discussions between Baghdad and Ankara. A comprehensive agreement could strengthen investment, increase oil production, and expand regional energy integration. Continued negotiations may also support long-term economic growth for both countries. As talks progress, Iraq Turkey energy cooperation will remain a key element of the strategic partnership.