Iraq-Turkmenistan energy cooperation took a major step forward this week with the signing of a long-awaited gas agreement in Baghdad. After months of delay due to sanctions and transit issues, both countries finally reached a breakthrough.
On Monday, Iraq and Turkmenistan signed a memorandum of understanding during the fourth round of political consultations. The meeting took place at Iraq’s Ministry of Foreign Affairs. Both nations agreed to strengthen cooperation in energy and gas imports.
Deputy Foreign Minister Mohammed Hussein Bahr Aluloom led the Iraqi delegation. Ahmad Kurbanov, his Turkmen counterpart, represented Turkmenistan. They also explored ways to enhance trade, investment, and economic relations.
This deal revives stalled plans to import gas from Turkmenistan. It also reflects Iraq’s strategy to diversify energy sources. Earlier this month, Oil Minister Hayan Abdul Ghani explained that sanctions on Iran blocked progress. He said the route through Iran remained the only viable option.
Now, officials believe the new memorandum will overcome these obstacles. More importantly, it will boost energy security for both countries. According to Iraq’s Foreign Ministry, the agreement focuses on enhancing bilateral cooperation and meeting energy needs.
In addition, Bahr Aluloom called on Turkmen companies to explore investment opportunities in Iraq. He emphasized that Iraq’s improved political and security climate creates favorable conditions for collaboration.
Throughout the meeting, both sides stressed the importance of long-term partnership. They pledged to take practical steps in the coming months. This shared commitment strengthens diplomatic ties and reflects growing mutual trust.
Moreover, the agreement aligns with recent announcements from Iraq’s energy sector. On October 19, 2024, the Ministry of Electricity revealed a preliminary deal to import 20 million cubic meters of gas daily from Turkmenistan. The gas will pass through an Iranian pipeline, despite earlier concerns about sanctions.
Officials see this agreement as a significant milestone. It not only diversifies Iraq’s energy mix but also deepens regional cooperation. Although technical and logistical challenges remain, both sides appear ready to move forward.
Iraq-Turkmenistan energy cooperation has entered a new phase with this landmark memorandum. Both governments aim to turn shared goals into concrete action.
Looking ahead, Iraq expects further talks and agreements with Turkmenistan. These discussions could lead to larger energy projects and stronger economic ties.
As the region faces growing energy demands, Iraq-Turkmenistan energy cooperation may prove essential for future stability and development.
