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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    As the Kurdish talks falter, Iraq prepares to reopen the Kirkuk-Ceyhan pipeline.

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280553
    Join date : 2012-12-21
    • Post n°1

    As the Kurdish talks falter, Iraq prepares to reopen the Kirkuk-Ceyhan pipeline. Empty As the Kurdish talks falter, Iraq prepares to reopen the Kirkuk-Ceyhan pipeline.

    Post by Rocky Mon 08 Apr 2024, 6:45 am

    As the Kurdish talks falter, Iraq prepares to reopen the Kirkuk-Ceyhan pipeline.
    [You must be registered and logged in to see this link.] |Today
    [You must be registered and logged in to see this image.]

    +A
    -A


    Baghdad today - follow-up
    Iraqi Deputy Oil Minister Muhammad Khudair said on Monday (April 8, 2024) that Baghdad is repairing a pipeline that may allow it to send 350,000 barrels per day to Turkey by the end of the month, a move that is likely to anger the Kurdistan Regional Government, according to Reuters.
    Reopening the Kirkuk-Ceyhan pipeline, which has been closed for a decade, would provide a competing route to a pipeline from the Kurdistan region that has been closed for nearly a year as talks between Baghdad and the KRG on resuming exports have faltered.
    Baghdad believes that the production-sharing agreements between the Kurds and foreign companies that use the Kurdistan Regional Government's pipeline are illegal.
    The federal government in Baghdad will ask oil companies to negotiate with it to sell their oil via the revived pipeline to Turkey, which could anger the Kurds who depend almost entirely on oil revenues.
    Exports through the 960-kilometre pipeline stopped in 2014 after repeated attacks by Al-Qaeda. It once represented about 0.5 percent of global supply.
    Iraqi Deputy Minister of Oil for Extraction Affairs, Bassem Muhammad Khudair, told Reuters, “Repair work is continuing and a major pumping station for crude oil has been completed with storage facilities. The pipeline is likely to be ready to operate and resume flows by the end of this month.”
    He added that repairing the damaged parts inside Iraq and completing the establishment of a basic pumping station will be the first stage of operations to restore the pipeline to its full capacity.
    The KRG pipeline was halted on March 25, 2023, after an arbitration court ruled that it violated provisions of the 1973 treaty by facilitating oil exports from the semi-autonomous Kurdish region without Baghdad's approval.
    Negotiations to restart it faltered after Türkiye, the Kurdistan Regional Government, and the federal government presented conflicting demands.
    Two Iraqi oil officials and a government energy advisor, who spoke to Reuters on condition of anonymity, said that Baghdad rejected a Kurdish demand that the federal government pay a transit fee of $6 per barrel to the Russian oil company Rosneft, which partly owns the pipeline.
    Bahjat Ahmed, an energy advisor in the Kurdistan region, who was briefed on the details of the talks, said that Iraqi Oil Ministry officials informed the Kurdish negotiating team that they believe that the agreement between the Kurdistan Regional Government and Rosneft is illegal and violates applicable Iraqi laws.
    A spokesman for the Kurdistan Regional Government did not respond to Reuters' requests for comment.
    Mutual need
    Despite the tensions between the Kurds and Baghdad, the two sides need each other. Kurdish parties helped Iraqi politicians come to power, and Baghdad contributed to paying the salaries of government employees and Kurdish fighters.
    KRG exports flow through a KRG pipeline to Fish Khabur on the northern border of Iraq, where the oil enters Turkey and is pumped to the port of Ceyhan on the Mediterranean coast.
    Three sources from the state-run North Oil Company said that pumping crude oil began early last week to examine parts of the pipeline that passes inside Iraqi territory and found leaks in some parts.
    The technical crews of the National Oil Corporation accelerated repair operations to repair the damaged parts that extend from Kirkuk through the governorates of Salah al-Din and Mosul to the border area with Turkey.
    Two Iraqi oil officials and a government energy advisor said that the agreement between Baghdad and Ankara regarding the operations of the Iraq-Turkey oil pipeline (ITP) was extended in 2010 for 15 years and will expire in mid-2025.
    The government energy advisor said that resuming operations in the old pipeline would be discussed as part of talks to extend the ITP agreement.
    Source: Asharq Al-Awsat newspaper
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 09 Nov 2024, 5:37 pm