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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The ambiguity of Baghdad’s position regarding the operation of the Ceyhan pipelines... a possible re

    Rocky
    Rocky
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    The ambiguity of Baghdad’s position regarding the operation of the Ceyhan pipelines... a possible re Empty The ambiguity of Baghdad’s position regarding the operation of the Ceyhan pipelines... a possible re

    Post by Rocky Tue Oct 10, 2023 7:02 am

    The ambiguity of Baghdad’s position regarding the operation of the Ceyhan pipelines... a possible resumption of Kirkuk oil, with the exception of Kurdistan!

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    Baghdad today - Baghdad
    It is assumed that, starting next Wednesday, October 11, the pipelines connecting to the Turkish port of Ceyhan will be ready to work and transport crude oil from Iraq and the Kurdistan region, but the situation is still ambiguous with regard to the Iraqi side so far, amid information that Baghdad will work to resume Exporting Kirkuk oil through pipelines and excluding the region’s oil from resuming exports, due to disputes that are still ongoing between the two sides in this regard.
    Turkish Energy Minister Alp Arslan Bayraktar said last Thursday, October 5, that is, 4 days ago, to Turkish media, that the Ceyhan Port pipeline will be ready as of next Wednesday to resume oil exports, and there is no obstacle now for Iraqi oil to reach global markets.
    Official confirmation...but!
    This matter was confirmed by a meeting between Bayraktar and the Iraqi ambassador in Ankara, Majid Al-Lajmawi, where he announced in an official statement on the official website of the Ministry of Foreign Affairs, the Turkish side’s agreement to immediately resume oil exports from the Iraqi-Turkish oil pipeline, following the meeting that brought together the two parties on Wednesday, corresponding to 2023. /10/4, where the Turkish Minister confirmed that the Turkish technical teams had completed the technical and logistical procedures for resuming the pumping of Iraqi oil through the pipeline, and that the matter was now in the custody of the Iraqi side. 

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    Despite the official Iraqi announcement through the Ministry of Foreign Affairs, Reuters quoted Iraqi oil officials as saying that the Iraqi side heard this matter from the media, and that Iraq is waiting for an official notification from Turkey to resume oil exports.

    A senior adviser to the Ministry of Oil told Reuters, "Iraq is also waiting for talks on outstanding financial and technical issues."
    For his part, a senior official in the Turkish Oil Ministry told Reuters, “The Turkish Minister of Energy will visit Baghdad to discuss the resumption of oil exports from the Kurdistan Region,” without mentioning when the visit will take place.

    Export is partially resumed... Kirkuk oil is launched and Kurdistan oil is waiting
    Amidst the absence of an announcement and a clear official position from the Iraqi side on the Turkish statements and preparations to resume oil exports from Iraq, information obtained by “Baghdad Today” indicates that the resumption of exports will be partial, as despite Turkey’s readiness for the passage of Iraqi oil, there are disagreements over the nature of the contracts. The receivables of foreign companies operating in Kurdistan are all obstacles that will prevent the resumption of the export of the region’s oil soon.
    An informed source revealed, today, Monday (October 9, 2023), in an interview with “Baghdad Today” that “the Iraqi government has an intention to resume exporting Kirkuk through the Turkish port of Ceyhan, amounting to 80 thousand barrels per day.”
    He added, "The current trend is to resume the export of Kirkuk oil and not to re-export the Kurdistan region's oil until a solution to the differences between Baghdad and Erbil is found or the oil and gas law is approved."
    This means that the export of only approximately 17% of the volume of oil that was previously exported will resume.

    A pessimistic Kurdish reading
    For his part, member of the Kurdistan Democratic Party, Wafa Muhammad Karim, sees the Turkish Energy Minister’s announcement to resume the export of Kurdistan oil as merely a “political message.”
    Karim said in an interview with “Baghdad Today” that “Turkey wanted to bargain with Iraq and send warning political messages that Iraq cannot export Kurdistan’s oil except through the Turkish port of Ceyhan.”
    He added, "Kurdistan oil will not be exported again this week or next week. These are merely media statements with a political goal."
    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, while Ankara objected to the decision and demanded compensation for its part.
    The Kurdistan region was exporting approximately 450 thousand barrels of crude oil per day before the pipeline was closed, which caused a major financial crisis for the region after it became completely dependent on Baghdad to finance its expenses and spending, which became hostage to political differences as well as the difference in concepts and evaluations between the two sides regarding entitlements.
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