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| Tuesday, 7 January, 2003, 13:21 GMT Turkey eyes northern Iraqi oil ![]() Turkey is examining old international treaties to determine what rights it has over oil fields in northern Iraq. "If we do have rights... we have to explain that to the international community and our partners and secure those rights," foreign minister Yasar Yakis said in the mass-circulation Turkish daily Hurriyet.
The comments have been interpreted as a signal to Iraqi Kurds that Turkey would not condone a bid to establish a separate state in the event of a US-led war. Turkey's state-oil company in September 2001 was granted permission by UN Security Council to begin exploratory drilling in oil-rich areas north of Kirkuk in northern Iraq. Treaty review "This is a sensitive issue for us. We are discussing it with the United States. They say every time that they understand our worries and share our views," Mr Yakis was quoted as saying. He said treaties from the 1920s, following the collapse of the Ottoman Empire, were being examined to see if Turkey had a legal claim to oilfields around the northern cities of Mosul and Kirkuk. Iraq's oil fields are considered to be the world's second largest after Saudi Arabia. "We are having that examined now. In other words we have to examine whether there has been anything in later years that cancelled out those rights," he said. Mr Yakis added that Turkey was trying to protect its own interests as well as those of the Turkish-speaking minority in northern Iraq. Oil rights Turkey maintains a heavy military presence in northern Iraq, which is covered by a US and British no-fly zone, to control Kurdish separatists. Northern Iraq has been under the control of Kurdish groups, including the Kurdistan Democratic Party (KDP) which is closely allied with Ankara, since the end of the 1991 Gulf War. The state-owned Turkish Petroleum Corporation (TPAO), which produces 90% of Turkey's oil, has the right to drill 20 wells in the KDP areas. But Baghdad has repeatedly condemned the military occupation and asked the UN to demand a withdrawal. Iraq operates oilfields near the town of Kirkuk just south of the Kurdish-held areas. |
See also: 07 Jan 03 | Middle East 06 Sep 02 | Business 12 Dec 01 | Business Internet links: The BBC is not responsible for the content of external internet sites Top Business stories now: Links to more Business stories are at the foot of the page. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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