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Parliamentary Oil presents two alternative proposals to resume Kurdistan's oil exports
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Economy News _ Baghdad
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Added 06/18/2023 - 9:26 AM
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Economy News _ Baghdad
The Committee on Oil, Gas and Natural Resources in the House of Representatives put forward two proposals to implement them in the event that Turkey insists on preventing the export of oil through the Ceyhan pipeline.
Committee member Ali al-Mashkour said, in an interview with the official newspaper, followed by "Al-Iqtisad News", that the committee "suggested to the Minister of Oil, Hayan Abdul-Ghani, to export the share of the Kurdistan region's oil through the marketing company "SOMO" through the south."
Al-Mashkoor added, "The second proposal is to proceed with maintaining and maintaining the Iraq-Baniyas line, which passes through Syria, and exporting the oil extracted through it," noting that "Iraq will follow all diplomatic methods with Turkey in order to resume pumping oil through the Ceyhan line."
And the deputy added, "In the event that Ankara insists on not implementing the decision of the International Arbitration Court and the continued closure of the oil pipeline, causing Iraq losses amounting to millions of dollars per day, it will proceed with the implementation of these two proposals."
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