Syria-Iraq oil pipeline not a threat to Turkey, Energy Minister says

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Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, told The National in Istanbul that Turkey is not concerned about the revival of the 800km Kirkuk-Baniyas pipeline, which has been defunct since 2003. Bayraktar argued that Turkey's own export routes remain more competitive due to lower costs and greater regional stability, noting that there is sufficient market capacity for multiple routes. The Iraq-Syria agreement, signed in July, aims to provide Baghdad with an alternative to the Strait of Hormuz amid ongoing regional tensions. However, analysts suggest that the project faces significant hurdles, including high reconstruction costs and security risks in desert regions. Bayraktar also outlined Turkey's energy strategy through 2040, emphasizing the expansion of nuclear power, renewables, and increased pipeline capacity.