Why have we started selling oil? This is so that Baghdad understands full well that we are able to do this. In their eyes the KRG is overstepping its rights, and is unable to reach a point where we can openly sell our oil. But we have proved to them that we are capable of doing so…
The Kurdistan Region will soon be able to export 250,000 barrels per day. This economic independence is vital for the Kurdistan Region. We have achieved many gains through the policies that the KRG has implemented. Without the support and backing of you, the Members of Parliament, and the public, then undoubtedly we will fail. Baghdad cannot defeat us, but if we are not united in supporting these policies, then we will face crisis…
We will continue selling our oil through the Ceyhan port in Turkey to the international market, and we will try to reach an agreement with Baghdad. Our doors are always open for negotiations. Our process of selling oil has in every respect been in accordance with the policies and mechanisms also used by SOMO, without any shortcomings.
We have been very careful to avoid causing any problems during the process and we will continue to pay strict attention to transparency, because the disputes are significant and are sensitive to both sides. We will work as hard as possible to ensure that our oil export process remains transparent. This is in order for the Kurdistan Region to avoid any liabilities or accusations. This process has supporters but also has its detractors. We do not want to face any problems with this issue…
It is with confidence that I tell you that we have started exporting oil and we believe we will reach a milestone at the end of the year, at which time we will able to export up to 500,000 barrels per day.”
(Source: KRG)
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