By John Lee.
Iraq has taken legal action against Greece’s Marine Management Services (MMS) over its role in the export of crude oil from Iraqi Kurdistan, which Baghdad regards as illegal.
The tanker concerned, the Marshall Islands-flagged United Kalavrvta (pictured), is still said to be fully laden off the coast of Texas, carrying $100m worth of crude.
According to Baghdad’s oil ministry, there are five vessels operated by MMS which have transported crude oil on behalf of the KRG.
The Oil Ministry says that MMS is liable for damages of at least $318m, and possibly significantly more, as a result of its willing and active participation in the KRG's crude oil exports.