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[size=38]Türkiye requires compensation and the cancellation of lawsuits against it to resume oil exports[/size]
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August 18, 2023[You must be registered and logged in to see this link.]
Baghdad / Obelisk Al-Hadath: An informed source revealed, on Friday, that Ankara had set six conditions for Baghdad to resume oil exports from the Kurdistan region, the most prominent of which is the withdrawal of the lawsuit in the International Arbitration Court for compensation for the period from two thousand and eighteen to two thousand and twenty-two.
The repercussions of the International Arbitration Court’s decision regarding stopping the export of the Kurdistan region’s oil to Turkey continue to affect relations between Baghdad and Ankara, especially after the Iraqi government assumed responsibility for the oil file in the region for several months and a series of negotiations brought together Iraqi and Turkish delegations, but the two parties did not reach any agreement on resuming Exporting oil again through the Turkish Ceyhan pipeline.
The source told Al-Masalla, that the new development that took place in the case represented "incapacitating" conditions imposed by Ankara on Baghdad to continue exporting oil, which centered around six points. years
He added that the second condition revolves around paying compensation in return for resuming the region's oil exports.
And he indicated that the third condition revolves around the withdrawal of the second lawsuit by Baghdad in the International Court of Arbitration for compensation for the period from two thousand and eighteen to two thousand and twenty-two.
He pointed out that the fourth condition is to continue giving Turkey a discount of thirteen dollars from the price of each barrel of crude oil exported from the region.
He added that Ankara is also demanding the continuation of paying transportation fees to the Turkish BOTAS company in the amount of seven dollars for each barrel of crude oil exported through the Turkish port of Ceyhan, indicating that the last condition revolves around Iraq bearing the cost of repairing the Iraqi-Turkish pipeline.
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