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Minister: Turkey welcomes new oil pipeline construction with Iraq

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tlm724

tlm724
ADMINISTRATOR
ADMINISTRATOR

Turkey's demand for energy resources is growing rapidly, so the country welcomes the construction of new oil pipelines with Iraq, Turkish Minister of Energy and Natural Resources Taner Yildiz said today, Anadolu agency reported.

Yildiz said that the capacity of the Kirkuk-Yumurtalik oil pipeline, designed to transport crude oil from Iraq to Turkey can be increased several times over three years.

The minister said that Turkey and Iraq are considering a new oil pipeline construction.

According to the Turkish Statistics Institute, the country increased its energy imports by 21.1 percent up to $19.585 billion in January-April compared to 2011.

In particular, imports of energy upon Botas's order (oil and gas imports) amounted to $13.2 billion.
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