# BP Energy Company of Kirkuk Limited

Type: Company (BP)

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/bp-energy-company-of-kirkuk-limited
Canonical HTML page: https://getsupplybrief.com/entity/bp-energy-company-of-kirkuk-limited

## Timeline

- **2026-08-01**: One-Year Extension Announced — Turkey and Iraq reach an interim one-year pipeline extension agreement, backdated to July 27, with 750,000 bpd reserved capacity.
- **2026-07-27**: Pipeline Deal Expiry — The original deal expires; however, crude flows continue uninterrupted as negotiations proceed.
- **2026-07**: TPAO Takes 15% Stake in BP Kirkuk Consortium — During negotiations, Turkey’s state oil company TPAO acquires a 15% interest in the BP-led group redeveloping Kirkuk fields.
- **1973-01**: Original Iraq–Turkey Pipeline Deal — A 53-year transit agreement is signed, establishing the Kirkuk–Ceyhan oil pipeline route.

## Recent coverage (1 stories)

### 750,000 bpd Oil Flow Secured as Turkey Extends Iraq Pipeline Deal
2026-08-02 04:04:27 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

The one-year extension of the Iraq-Turkey oil pipeline deal locks in up to 750,000 barrels per day of crude supply that bypasses the troubled Strait of Hormuz. The agreement directly stabilizes logistics for tanker operators, Mediterranean refineries, and crude traders reliant on Kirkuk blend. Planned infrastructure from Basra to Kirkuk signals further supply chain integration for northern exports.
Full story: https://getsupplybrief.com/story/turkey-iraq-pipeline-extension-supply-chain

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