turkey ready to facilitate sales of kurdish oil
Last Updated : GMT 03:12:41
Arab Today, arab today
Arab Today, arab today

Turkey: Ready to facilitate sales of Kurdish oil

Arab Today, arab today

Arab Today, arab today Turkey: Ready to facilitate sales of Kurdish oil

Bursa - Anadolu

Turkey is ready to facilitate the sales of Kurdish oil to international markets,Turkey's energy minister said, as the volume of crude oil from the semiautonomousKurdish region of Iraq reached 1.8 million barrels in tanks at Turkey'sMediterranean export hub of Ceyhan.The flow of oil from northern Iraq resumed with a capacity of 100,000 barrels a day,Taner Yildiz said on Friday in the northwestern city of Bursa.Prime minister of Iraq's Kurdish administration, Nechirvan Barzani, said on Sundayhis government planned to start the selling of 1.5 million barrels of oil stored in theTurkish port of Ceyhan on May 2. The statement came just before Iraq'sparliamentary elections, which started on Wednesday."I think Mr. Barzani meant the consignment of the oil, not the sales, in hisstatement. The sales may begin within 3 days or a week," Yildiz said.Iraq's central government opposes the sale of the oil, saying it violates the federalconstitution and bypasses the national oil company, State Oil Marketing Company. Baghdad also insists that oil revenues generated from the sales must be depositedin a fund at the JP Morgan Chase, the largest bank in the United States, whereas theKurdish government and Ankara agreed that the revenues, estimated at around US$200 million, would be kept at Halkbank, Turkey's state-owned lender."The oil stockpiles belong to Iraq, and, of course, they will sell it themselves," Yildizsaid. "Turkey only facilitates the procedure and paves the way."He said the sales revenues would contribute to stability, growth and normalization in post-elections Iraq.The tension between the central government and the semiautonomous Kurdishgovernment has remained strained over disagreements on the payment method andcontrol of oil shares in the country. The tanks at the Ceyhan port, located in the southern province of Adana on theMediterranean coast, has a storage capacity of 2.5 million barrels of crude oil, whichflows via Kirkuk–Ceyhan Oil Pipeline. The pipeline, Iraq's largest crude oil exportline, carries oil from Iraq's oilfields in the Kurdish-controlled Kirkuk to Turkey.The oil flow through the pipeline is frequently hampered by armed attacks andtechnical breakdowns.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkey ready to facilitate sales of kurdish oil turkey ready to facilitate sales of kurdish oil

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkey ready to facilitate sales of kurdish oil turkey ready to facilitate sales of kurdish oil

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday