Iraq's Kurdistan region is ramping up independent oil exports, with a third tanker set to load a cargo of crude from its disputed pipeline as Iraq struggles to stop an insurgency by Islamist militants, its autonomous region.
The third tanker is scheduled to depart Turkey’s Mediterranean port of Ceyhan on June 22 carrying oil pumped through Kurdistan’s new pipeline, which by-passes Baghdad, Turkish Energy Minister Taner Yıldız said June 16.
Iraqi Kurdistan began independent pipeline exports via Turkey in May, despite protests from Baghdad which claims it has the sole authority to sell Iraqi oil via state-marketer SOMO.
Oil flows through the Kurdistan Regional Government’s (KRG) pipeline to Turkey have continued uninterrupted despite a lighting advance by Sunni militants in northern Iraq that threatens to dismember the OPEC country.
The oil is loading despite previous setbacks to the KRG’s attempts to sell this controversial oil. Its first exports have still not discharged for a refinery.
The first tanker, the United Leadership, is still lingering off the Moroccan coast after it attempted to deliver oil to the North African country’s Mohammedia refinery at the start of this month. The government told the vessel, laden with 1 million barrels of oil, to vacate its waters pending a final decision.
Iraq and Kurdistan have been trying to reach a political agreement over oil sales, but five months after the startup of KRG pipeline, there still had been no final decision, prompting the regional government to go it alone.
hurriyetdailynews.com
16/6/14
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The third tanker is scheduled to depart Turkey’s Mediterranean port of Ceyhan on June 22 carrying oil pumped through Kurdistan’s new pipeline, which by-passes Baghdad, Turkish Energy Minister Taner Yıldız said June 16.
Iraqi Kurdistan began independent pipeline exports via Turkey in May, despite protests from Baghdad which claims it has the sole authority to sell Iraqi oil via state-marketer SOMO.
Oil flows through the Kurdistan Regional Government’s (KRG) pipeline to Turkey have continued uninterrupted despite a lighting advance by Sunni militants in northern Iraq that threatens to dismember the OPEC country.
- “A third tanker is scheduled for June 22 to export the oil coming from northern Iraq,” Yıldız told reporters. Energy officials said the tanker will be carrying 1 million barrels of crude.
The oil is loading despite previous setbacks to the KRG’s attempts to sell this controversial oil. Its first exports have still not discharged for a refinery.
- Baghdad’s threats of legal action and the black-listing of buyers has dissuaded most from touching Kurdistan’s new crude stream.
The first tanker, the United Leadership, is still lingering off the Moroccan coast after it attempted to deliver oil to the North African country’s Mohammedia refinery at the start of this month. The government told the vessel, laden with 1 million barrels of oil, to vacate its waters pending a final decision.
- The second tanker, the United Emblem, sailed from Ceyhan to Malta last week, but the buyer of this cargo remained unclear.
Iraq and Kurdistan have been trying to reach a political agreement over oil sales, but five months after the startup of KRG pipeline, there still had been no final decision, prompting the regional government to go it alone.
hurriyetdailynews.com
16/6/14
--
-
Related1:
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