KRG Oil Exports Hit 8 Million Barrels

By John Lee.

Turkish officials close to their country's energy policy have announced that a total of 8 million barrels of oil have been exported via the Turkish port of Ceyhan.

According to officials, while some buyers have been deterred by legal threats from Baghdad, the number of buyers is in fact increasing. The Kurds have taken to using smaller tankers than the 1 million capacity vessels normally used, such as the SuezMax and the United Emblem.

One official conceded it was harder to sell the larger shipments, as the 11th tanker departed Ceyhan with a 250,000 barrel cargo. An observer noted that there appears to be at least one regular buyer of the oil.

(Source: Al Arabiya)



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