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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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    Türkiye announces the resumption of oil pumping from Iraqi Kurdistan this week

    Rocky
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    Türkiye announces the resumption of oil pumping from Iraqi Kurdistan this week Empty Türkiye announces the resumption of oil pumping from Iraqi Kurdistan this week

    Post by Rocky Mon 02 Oct 2023, 4:32 am

    Türkiye announces the resumption of oil pumping from Iraqi Kurdistan this week
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    Baghdad today - follow-up 
    Turkey said on Monday (October 2, 2023) that the Iraqi oil pipeline, which stopped operating in March due to complex disputes over payments related to the Kurdistan region of Iraq, will resume pumping crude this week.
    Turkey closed the pipeline after an arbitration court ordered Ankara to pay about $1.5 billion in compensation to Baghdad for transporting oil from the Kurdistan region without the approval of the Iraqi government.
    Ankara objected to the decision and, for its part, demanded compensation.
    The Kurdistan Region was exporting approximately 450,000 barrels of crude oil per day before the pipeline was closed.
    Turkish Energy Minister Alp Arslan Bayraktar told an energy forum in Abu Dhabi that the dispute has been settled and “we will start operating (the pipeline) this week,” without revealing the details of the agreement.
    Turkey previously said it was carrying out repairs to its section of the oil pipeline following the devastating earthquake in February.
    The Iraqi federal government and the autonomous Kurdistan Region signed their interim oil agreement in April.
    The agreement indicates an independent end to the export of oil by the Kurdistan Regional Government in northern Iraq.
     
    Source: France 24
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