Turkey is ready to buy entire Iraqi oil which this country supplies to world markets, Turkish Minister of Energy and Natural Resources Taner Yildiz said, Sabah newspaper reported on Wednesday.
According to him, it is known that the Kirkuk-Yumurtalik oil pipeline operates to one-third of its capacity which is detrimental to the economic interests of Iraq.
The minister also added that defective work on the Kirkuk-Yumurtalik pipeline led to unnecessary costs out of profits received from oil sales and Turkey is ready to solve the pipeline's problems.
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