Extension of Iraq-Turkey Oil Pipeline to Basra

planned

Turkey proposes extending the existing Iraq-Turkey oil pipeline, which currently reaches Kirkuk, all the way to the southern port city of Basra. This extension aims to create an alternative energy corridor for Iraqi oil exports, reducing reliance on the Strait of Hormuz. The pipeline could initially transport 170,000 to 250,000 barrels per day, potentially covering up to 50% of Iraq's crude oil exports and opening new markets, particularly in the Mediterranean basin. The project is linked to the broader 'Development Road' plan for a transport and energy network from the Persian Gulf to Turkey and Europe, though political disagreements in Iraq may delay progress and require significant investments.