Turkey will seek a new deal with Iraq on an oil export pipeline between the two countries that's been idled for more than two years in a payment dispute. Bloomberg's Patrick Sykes reports.
Breakdown
- Turkey wants to restart an idled oil pipeline with Iraq and expand the agreement. 6s
- The new deal would include not just oil, but also electricity and petrochemicals. 19s
- Turkish companies are interested in investing in petrochemical facilities at Ceyhan. 38s
- The pipeline has been inactive for over two years due to legal and contractual disputes. 1m 20s
- Immediate resumption depends on resolving disputes among Iraqi parties and producers. 1m 50s