Turkish Minister for Energy and Natural Resources Taner Yildiz has approved construction of new oil pipelines from Iraq to fulfill increasing demands for energy resources, Trend reports.
The Qirqiq-Yumurtaliq Pipeline will have capacity increased multifold in three years.
The Turkish Institute for Statistics said that import of energy resources increased by 21.1% in January-April 2012, compared with the same period in 2011, to $19.585 billion. Botas import reached $13.2 billion.
Baghdad promised sanctions against Turkish companies for signing petroleum deals with the government of Kurdistan, Iraqi Petroleum Minister Asim Jihad said.