Kurdish Oil Exports OK with Baghdad's Agreement

Source: Reuters 12/17/2013, Location: Middle East

Iraq is keen to see oil shipped via pipeline from the northern Kurdish region but any exports must be approved by Baghdad, Deputy Prime Minister for energy Hussain al-Shahristani said, after flows on the pipeline started on Friday.

The Iraqi central government is sticking to the idea of central control of all oil exports, after Turkey and the Kurdish Regional Government (KRG) signed a multi-billion-dollar energy package in November.

In a recent meeting with Turkish officials, "we agreed it is in everybody's interest to allow exports of crude oil from any part of Iraq, including the KRG region, to the world, but this has to be done with the approval of the Iraqi government," al-Shahristani told reporters when asked about the newly completed pipeline.

Turkey's energy deals with the Kurdish north of Iraq effectively bypass the central government in Baghdad, which says independent Kurdish oil exports would be illegal.

Turkey is keen to move the process forward through a three-way mechanism including Baghdad, but the central government has for years resisted moves towards direct exports.

Exports without the agreement of Baghdad would be "a violation of Iraqi sovereignty and .. obviously the Iraqi government will have to take necessary action to protect its wealth," al-Shahristani said.

Test flows on the pipeline started on Friday, but no exports have yet been scheduled, energy sources close to the matter said.


Brazil >>  6/17/2022 - Petrobras, regarding the news published in the media, clarifies that by request of the Chairman of the Board of Directors, its Board of Directors held...
Canada >>  6/16/2022 - PetroTal Corp. is pleased to announce the following sales related update.

720,000 barrels of oil under contract for export from Bayovar. Ap...


United States >>  6/15/2022 - ExxonMobil released the following statement in response to a letter from President Biden.

We have been in regular contact with the adminis...

United States >>  6/14/2022 - The U.S. Department of Energy (DOE) announced the fourth Notice of Sale of 45 million barrels of crude oil from the Strategic Petroleum Reserve (SPR)....

Iran >>  5/31/2022 - The managing director of the National Iranian Oil Company (NIOC) here said there is no problem regarding oil debt collection. ...
Russia >>  5/31/2022 - EU leaders urged Russia to halt its indiscriminate attacks on civilians and infrastructure, as well as to evacuate all of its troops and military equi...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.