By John Lee. Reuters reports that Iraqi Kurdistan plans to increase the capacity of its oil pipeline to the Turkish port of Ceyhan to 700,000 bpd. Work to upgrade the line is expected to boost the flow from 280,000 bpd at present to 400,000 bpd by year-end, eventually reaching the design maximum of 700,000 bpd. A […]
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Kurds Ship $1.3bn Oil since May
By John Lee. Reuters reports that Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May, using its new pipeline to the Turkish port of Ceyhan. An official told the news agency that the flow of oil continues without any issues, and a 20th tanker will be […]
KRG Delegation visits Ankara
Kurdistan Regional Government Spokesperson Safeen Dizayee (pictured) said that yesterday a KRG delegation, headed by Deputy Prime Minister Qubad Talabani and including Minister of Natural Resources Dr. Ashti Hawrami, Minister of Finance and Economy Rebaz Muhammad, and Spokesperson Safeen Dizayee, travelled to Ankara. The delegation held meetings with senior Turkish officials, discussing the cooperation agreement […]
Turkey "Not Sure" who's Buying KRG Oil
By John Lee. Turkish Energy Minister Taner Yıldız (pictured) told journalists on Monday that a third shipment of oil from Iraq's Kurdistan Regional Government (KRG) had been transported via Turkey's Ceyhan pipeline and that a fourth was being prepared for shipment. According to a report from Cihan, the transactions for the oil sales are being conducted […]