Rubio: US welcomes deal to reopen Iraq-Türkiye pipeline
In a statement on Thursday, Rubio said the deal, facilitated by Washington, “will bring tangible benefits for both Americans and Iraqis.”
WASHINGTON, United States (MNTV) – US Secretary of State Marco Rubio welcomed an agreement between the Iraqi government, Iraq’s Kurdish Regional Administration (KRG), and international companies to reopen the Iraq-Türkiye oil pipeline, describing it as a major step forward for regional energy security and economic ties.
In a statement on Thursday, Rubio said the deal, facilitated by Washington, “will bring tangible benefits for both Americans and Iraqis.”
He praised the efforts of Iraqi Prime Minister Mohammed Shiaa al-Sudani, KRG Prime Minister Masrour Barzani, and other senior officials in making the agreement possible.
Rubio underlined that the move would “strengthen the mutually beneficial economic partnership between the United States and Iraq, encourage a more stable investment environment throughout Iraq for US companies, enhance regional energy security, and reinforce Iraq’s sovereignty.”
The Iraq-Türkiye pipeline, which runs from northern Iraq to Türkiye’s southern Ceyhan Port, has been idle since March 25, 2023, following an arbitration ruling by the Paris-based International Chamber of Commerce (ICC) over oil exports between Baghdad and Ankara.
Iraq, which relies heavily on oil exports for revenue, had been losing an estimated $1 billion per month due to the shutdown.
We must take charge of our narrative. Research indicates that 92% of their Muslim coverage is negative. Help us change that.
Have Your Say!
Have you been affected by the issues raised in this story? Please share your experiences by emailing haveyoursay@soundvision.com.
Please include a contact number if you are willing to speak to a Muslim Network TV’s representative. You can also get in touch in the following ways:
Tweet: @MuslimNetworkTV
