Gas pipeline between Turkey, Iraq
The Iraqi oil minister Amer Muhammad Rasheed on Saturday announced that a Turkish delegation will shortly pay an official visit to Iraq to discuss measures to implement the gas pipeline between Iraq and Turkey.
In statements to the press following his meeting with the advisor for the foreign trade at the Turkish cabinet Korsad Touzman, Rasheed said that serious steps were taken to run the project of installing gas pipelines between Iraq and Turkey. He expressed his hope that a Turkish delegation will shortly visit Iraq to revitalize this issue.
He explained that this project was suspended during the two past years because of certain administrative measures in order to reconsider the economic systems in Turkey. They stressed that the two sides will return back to it effectively and efficiently.
Rasheed stressed that economic relations between Iraq and Turkey have been growing especially during the two past years through the participation of the Turkish companies in contracting with the Iraqi establishments. He noted the possibility of fostering further economic relations between the two countries in the future.
In 1997, Iraq and Turkey signed an agreement that states to install a pipeline to transport natural gas from Iraq to Turkey at a length of 1380 Km at a cost of USD 2.5 billion.
