World Bulletin / News Desk
Turkey's energy ministry has started technical work with Iraq's central government on shipping crude oil from Basra in southern Iraq via the Kirkuk-Ceyhan pipeline to Turkey's Mediterranean coast and on to world markets, its minister said on Friday.
The announcement came days after Iraq's semi-autonomous Kurdish region said it might begin selling natural gas directly to Turkey within two years, a move that was expected to further strain Ankara's ties with Baghdad.
"We have launched technical work with the Iraq central government on bringing Basra crude oil from Kirkuk to Ceyhan and from there to world markets," the ministry quoted Energy Minister Taner Yıldız as saying.
No further details on the plans were immediately available.
Iraq is expected to provide the world's largest expansion in oil export capacity in 2012 due to the opening of two floating single point mooring (SPM) terminals in the Gulf earlier this year. That increase is adding to global supplies as sanctions curb shipments from Iran.
The idea of shipping Basra oil via Turkey appeared to be new.
Iraq is the second-biggest market for Turkish exports, amounting to more than $8 billion last year, after Germany.
But Turkish officials have been locked in a war of words with Iraqi Prime Minister Nuri al-Maliki since December, when he ordered the arrest of Sunni Vice President Tareq al-Hashemi, based on allegations that he ran death squads.
In recent years, Ankara has also cultivated growing trade ties with the regional administration in the north, which accounts for some 70 percent of Turkey's exports to Iraq and would be Turkey's eighth-biggest export market if it were a country.
AK Party MP candidate Ramazan Demir was injured in knife attack in Turkey's south-central province of Adana
A new platform dock for the Turkish Naval Forces has become the most expensive defense project to be attempted in Turkey.
Turkey will host the Sixth World Forum on Energy Regulation and it is hoped it will be bridge for energy regulators from different parts of world.
Turkish dailies on Friday covered CHP's unveiling of a new campaign promise- to create a new megacity - and reported on the opening of a new space center in Ankara.
Turkey's 52nd airport, built on an artificial island along the seashore of Ordu, will be opened by President Erdogan and PM Davutoglu Friday afternoon
Turkish prime minister says suspect in twin attacks on opposition offices had been member of Marxist group
This year, arrangements have been made to hold the art competition in Konya
International training on electricity distribution provided to developing nations
Greece's culture minister Nikos Xydakis has said that both Greece and Turkey must protect their cultural heritage.
Thursday’s dailies covered claims by the prime minister of an opposition 'tacit agreement' against his ruling AK Party.
Project marks Turkey's expansion into international space industry
Cüneyt Yıldız, the district mayor of Gürsu, was taken to Bursa Şevket Yılmaz Training and Research Hospital
Erdogan speaks at joint press conference in Sarajevo with Mladen Ivanic, chairman of three-man Bosnian Presidency.
Staffan de Mistura to meet National Coalition for Syrian Revolutionary and Opposition Forces at unspecified date.
Wednesday’s dailies focused on celebrations of the Commemoration of Ataturk, Youth and Sports Day across Turkey
Turkey has appointed Mehmet Akarca as new Supreme Court of Appeals.