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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Turkey imposes 6 conditions for resuming the export of Iraqi oil.. aborting the barter agreement wit

    Rocky
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    Turkey imposes 6 conditions for resuming the export of Iraqi oil.. aborting the barter agreement wit Empty Turkey imposes 6 conditions for resuming the export of Iraqi oil.. aborting the barter agreement wit

    Post by Rocky Wed 16 Aug 2023, 10:50 am

    Turkey imposes 6 conditions for resuming the export of Iraqi oil.. aborting the barter agreement with Iran first
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    Baghdad today - Baghdad
    Today, Wednesday (August 16, 2023), the expert on economic affairs, Nabil Al-Marsoumi, identified six conditions that Turkey places on Iraq in return for re-exporting oil through the port of Ceyhan. 
    Al-Marsoumi, in a clarification he wrote on social media and monitored by "Baghdad Today", said: "What are the Turkish conditions for re-exporting Iraqi oil?
    The decree enumerated these conditions as follows: 
    First: stopping the application of the clearing agreement between Iraqi oil and Iranian gas, because Turkey and Kurdistan have an agreement on oil for a period of 50 years.
    Second: Paying compensation for resuming the region's oil exports. 
    Third: The withdrawal of the second lawsuit by Baghdad at the International Court of Arbitration for compensation for the period 2018-2022. 
    Fourth: Continuing to give Turkey a discount of $13 on the price of each barrel of crude oil exported from the region. 
    Fifth: Continuing to pay transport fees to the Turkish company BOTAS in the amount of 7 dollars for each barrel of crude oil exported through the Turkish port of Ceyhan. 
    Sixth: That Iraq bear the cost of repairing the Iraqi-Turkish pipeline. 
    pressure factor  on Ankara
    Economists show the extent of the impact of the oil agreement between Iraq and Iran on Turkey, while they considered the barter a "great pressure factor" on Ankara .
    If the barter agreement between Iranian gas and Iraqi oil is implemented, this means that Iraq will export to Iran through tankers about 200,000 barrels per day of crude oil produced in the fields of Kurdistan and Kirkuk.
    And Turkey stopped exports amounting to 450 thousand barrels per day from northern Iraq through the Iraqi-Turkish pipeline on March 25, by a decision of the International Chamber of Commerce. 
    The Chamber ordered Turkey to pay Baghdad $1.5 billion in compensation for the damages it suffered from the Kurdistan Regional Government’s export of oil without a permit from the government in Baghdad between 2014 and 2018 .
    And the Kurdistan Regional Government began exporting crude independently of the federal government in 2013, a step that Baghdad considered illegal.
    Attempts to restart the pipeline were delayed by the Turkish presidential elections, and discussions between the oil marketing company (SOMO) of the central government and the Kurdistan government regarding the export deal. 
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