World Service- Forbes magazine analysis shows that the main point of the new energy agreement between Turkey and Iraq is not the political promise of exporting one million barrels of oil per day, but the entry of the Turkish State Oil Company (TPAO) into the ownership structure of the development of the Kirkuk oil fields; a move that gives Ankara a direct industrial position in the heart of northern Iraq's oil production for the first time.
World Service - A comparison of Turkey's position in Kirkuk between 1926 and 2026 shows that after a century, Ankara has gone from receiving a limited share of oil revenues to direct participation in the development and economic management of the largest oil project in northern Iraq.
Turkey Service - The Turkish state oil company has put the development of Kirkuk oil and gas fields at the top of its joint plans by signing an extensive agreement with the British company BP.