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Canada confiscates Kurdish oil shipment
2:43 PM ADMIN
Calgary/ Iraq TradeLink: The Canadian Federal Court issued a decree to confiscate a Kurdish oil shipment upon the request of the Iraqi Oil Ministry.
The shipment consisted of 721.920 barrels, loaded on Neverland vessel, as reported.
According to press reports, Iraq claimed that the Kurdish region smuggled the oil shipment and sold it directly and demanded the payment of 32.5 million dollars for the oil shipment.
Last week, Kurdish minister for natural resources denied that Kurdish oil was on its way to the American markets.
This is the latest court battle between Baghdad and Arbil on the right to export oil from the semi-independent Kurdish region.
[You must be registered and logged in to see this link.]
2:43 PM ADMIN
Calgary/ Iraq TradeLink: The Canadian Federal Court issued a decree to confiscate a Kurdish oil shipment upon the request of the Iraqi Oil Ministry.
The shipment consisted of 721.920 barrels, loaded on Neverland vessel, as reported.
According to press reports, Iraq claimed that the Kurdish region smuggled the oil shipment and sold it directly and demanded the payment of 32.5 million dollars for the oil shipment.
Last week, Kurdish minister for natural resources denied that Kurdish oil was on its way to the American markets.
This is the latest court battle between Baghdad and Arbil on the right to export oil from the semi-independent Kurdish region.
[You must be registered and logged in to see this link.]
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