Details of an Iraqi line to transport oil towards Türkiye, away from the Kurdistan region
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News - Baghdad
[rtl]Deputy Minister of Oil for Extraction Affairs, Bassem Muhammad, said that the ministry is working on repairing a pipeline that would allow 350,000 barrels per day of oil to be pumped to Turkey by the end of this month, in a move that is likely to arouse the ire of foreign oil companies and the Kurdistan Regional Government, which is striving to resume... Export oil.[/rtl]
[rtl]This comes as negotiations continue to falter between Baghdad and Erbil regarding the resumption of the export of Kurdistan region oil to Turkey, which stopped in March 2023 and was exporting approximately 400 thousand barrels per day.[/rtl]
[rtl]Restarting the Turkish Kirkuk-Ceyhan pipeline, which has been closed since ISIS took control of vast areas of Iraq in 2014 and damaged parts of it, would provide Baghdad with a new path to resume oil exports through the government pipeline, which Baghdad will not bear high operating costs.[/rtl]
[rtl]According to the oil expert and former advisor to the Prime Minister on Energy Affairs, Hamza Al-Jawahiri, the line that Iraq intends to operate extends from the Kirkuk fields in the “Kiwai” region all the way to Nineveh Governorate, and then the Fish Khabour region on the Iraqi-Turkish border, with a length of 345 kilometers, which is known in Iraq as Part of the strategic line, which Iraq began establishing in 1977 and can transport oil at about 600 thousand barrels per day.[/rtl]
[rtl]Al-Jawahiri stated that the line was vandalized with 3 out of 5 oil pumping stations out of service, as it was rehabilitated during the past months, indicating that the line is now ready for export, as trial pumping operations began two weeks ago.[/rtl]
[rtl]As for the Kurdistan Region pipeline, it starts from the “Khurmala” area in Kirkuk and passes through the territory of the region to the Fish Khabour area, as the length of the line does not exceed 300 kilometers, indicating that the line’s export capacity is close to the line belonging to the federal government.[/rtl]
[rtl]Al-Jawahiri added that the two lines use the Turkish line extending from the Fish Khabour area towards the Turkish port of Ceyhan, where the Kurdish line connects with the Turkish line within the Turkish border, and its length is estimated at about 660 kilometers, indicating that operating the Iraqi line is a complete cancellation of the Kurdish line.[/rtl]
[rtl]Baghdad and Erbil can use and exploit the Kurdish line if the two sides agree, provided that the export of Kurdish oil is subject to the control of the federal government, which will enhance Iraq’s ability to export its oil to Turkey, according to Al-Jawahiri.[/rtl]
[/size]
[rtl]Regarding the possibility of resuming the Iraqi pipeline soon, a member of the Energy and Gas Committee in the Iraqi Parliament, Muhammad Al-Farman, revealed that the strategic pipeline will resume pumping oil at the end of this month, as 3 Iraqi oil companies affiliated with the Ministry of Oil worked to rehabilitate it again.[/rtl]
[rtl]For his part, the economic advisor to the Iraqi Prime Minister, Muhammad Mazhar Salih, says that the Iraqi oil export line to Turkey, known internationally as the Iraqi-Turkish Pipeline (ITP), has recently been repaired, as the greatest damage to the line was within the borders of Nineveh Governorate, indicating The experimental pumping of the line will begin soon, equivalent to 150 thousand barrels per day.[/rtl]
[/size]
[rtl]Regarding the future of the region’s Kurdish oil export line, Saleh said that activating the Iraqi line means, in principle, stopping the Kurdish line. However, activating the Iraqi line will open a wider door for negotiation between Baghdad and Erbil, especially since exporting the region’s oil is ultimately in the government’s interest. The Federal Court and its budget, after the Federal Court ruled that the Iraqi Oil Marketing Company “SOMO” would control oil export operations in the region, indicating that the negotiations will revolve around the work of the companies and the nature of the contracts, according to him.[/rtl]
[rtl]On the other hand, a member of the Energy and Oil Committee in Parliament, Muhammad Al-Farman, explained that this issue is still unsettled, and that it may depend on the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington in the middle of this month, as there is pressure in this aspect, and that the government delegation to Washington will include Oil Minister Hayyan Abdul-Ghani also said.[/rtl]
[rtl]The beginning of the crisis between Baghdad and Erbil began in 2014, when Turkey allowed the Kurdistan region to export oil independently of the Federal Ministry of Oil, as the Kurdish pipeline was linked to the Iraqi-Turkish oil pipeline, before the ruling of the International Chamber of Commerce in Paris ruled in favor of Iraq and condemned Turkey for... Using the line within Turkish territory without the approval of the Iraqi government.[/rtl]
[/size]
[rtl]Returning to Hamza Al-Jawahiri and the future of oil companies operating in the Kurdistan region, he stressed that the federal government did not request the exit of these companies from the country, but rather asked them to amend the contracts in accordance with Iraq’s laws and constitution. Otherwise, these companies cannot return to work again. According to him,[/rtl]
[rtl]Meanwhile, Abdul Rahman Al-Mashhadani, professor of economics at the Iraqi University in Baghdad, says that the rehabilitated damage to the Iraqi strategic line does not exceed 50 kilometers, and therefore, Iraq will initially export approximately 350 thousand barrels per day, indicating that Baghdad has become obligated to export oil via This line is in accordance with the Iraqi-Turkish agreement. Otherwise, Iraq will bear the costs and fees for not using the Turkish line according to the bilateral agreement.[/rtl]
[rtl]He stated that the problem of the region's oil is represented by oil companies, as these companies require traffic fees estimated at about $26 per barrel, while the cost of transporting it across the strategic line does not exceed $7 per barrel, and therefore the Iraqi line will be more profitable than the competing Kurdish line, which is what made The position of oil companies in the region is almost “hysterical,” according to his description.[/rtl]
[rtl]Regarding the Kurdish position, Reuters quoted the energy advisor in the Kurdistan region, Bahjat Ahmed, stating that Iraqi Oil Ministry officials informed the Kurdish negotiating team that they consider the agreement between the Kurdistan Regional Government and the Russian company Rosneft illegal and a violation of applicable Iraqi laws.[/rtl]
[rtl]Baghdad had rejected a request from the Kurdistan Regional Government for Baghdad to pay oil transit fees from the region to Turkey, estimated at $6 per barrel, to the Russian oil company Rosneft, which partially owns the Kurdish pipeline.[/rtl]
[rtl]The Iraqi Kurdistan Regional Government did not respond to questions regarding its position on restarting the Iraqi line and the future of the Kurdish line, but the lack of response to communications prevented that.[/rtl][/size]
Views 33
Added 04/12/2024 - 12:07 PM
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News - Baghdad
[rtl]Deputy Minister of Oil for Extraction Affairs, Bassem Muhammad, said that the ministry is working on repairing a pipeline that would allow 350,000 barrels per day of oil to be pumped to Turkey by the end of this month, in a move that is likely to arouse the ire of foreign oil companies and the Kurdistan Regional Government, which is striving to resume... Export oil.[/rtl]
[rtl]This comes as negotiations continue to falter between Baghdad and Erbil regarding the resumption of the export of Kurdistan region oil to Turkey, which stopped in March 2023 and was exporting approximately 400 thousand barrels per day.[/rtl]
[rtl]Restarting the Turkish Kirkuk-Ceyhan pipeline, which has been closed since ISIS took control of vast areas of Iraq in 2014 and damaged parts of it, would provide Baghdad with a new path to resume oil exports through the government pipeline, which Baghdad will not bear high operating costs.[/rtl]
[rtl]Two competing lines[/rtl]
[size][rtl]According to the oil expert and former advisor to the Prime Minister on Energy Affairs, Hamza Al-Jawahiri, the line that Iraq intends to operate extends from the Kirkuk fields in the “Kiwai” region all the way to Nineveh Governorate, and then the Fish Khabour region on the Iraqi-Turkish border, with a length of 345 kilometers, which is known in Iraq as Part of the strategic line, which Iraq began establishing in 1977 and can transport oil at about 600 thousand barrels per day.[/rtl]
[rtl]Al-Jawahiri stated that the line was vandalized with 3 out of 5 oil pumping stations out of service, as it was rehabilitated during the past months, indicating that the line is now ready for export, as trial pumping operations began two weeks ago.[/rtl]
[rtl]As for the Kurdistan Region pipeline, it starts from the “Khurmala” area in Kirkuk and passes through the territory of the region to the Fish Khabour area, as the length of the line does not exceed 300 kilometers, indicating that the line’s export capacity is close to the line belonging to the federal government.[/rtl]
[rtl]Al-Jawahiri added that the two lines use the Turkish line extending from the Fish Khabour area towards the Turkish port of Ceyhan, where the Kurdish line connects with the Turkish line within the Turkish border, and its length is estimated at about 660 kilometers, indicating that operating the Iraqi line is a complete cancellation of the Kurdish line.[/rtl]
[rtl]Baghdad and Erbil can use and exploit the Kurdish line if the two sides agree, provided that the export of Kurdish oil is subject to the control of the federal government, which will enhance Iraq’s ability to export its oil to Turkey, according to Al-Jawahiri.[/rtl]
[/size]
[rtl]Login to the service[/rtl]
[size][rtl]Regarding the possibility of resuming the Iraqi pipeline soon, a member of the Energy and Gas Committee in the Iraqi Parliament, Muhammad Al-Farman, revealed that the strategic pipeline will resume pumping oil at the end of this month, as 3 Iraqi oil companies affiliated with the Ministry of Oil worked to rehabilitate it again.[/rtl]
[rtl]For his part, the economic advisor to the Iraqi Prime Minister, Muhammad Mazhar Salih, says that the Iraqi oil export line to Turkey, known internationally as the Iraqi-Turkish Pipeline (ITP), has recently been repaired, as the greatest damage to the line was within the borders of Nineveh Governorate, indicating The experimental pumping of the line will begin soon, equivalent to 150 thousand barrels per day.[/rtl]
[/size]
[rtl]The future of Kurdish script[/rtl]
[size][rtl]Regarding the future of the region’s Kurdish oil export line, Saleh said that activating the Iraqi line means, in principle, stopping the Kurdish line. However, activating the Iraqi line will open a wider door for negotiation between Baghdad and Erbil, especially since exporting the region’s oil is ultimately in the government’s interest. The Federal Court and its budget, after the Federal Court ruled that the Iraqi Oil Marketing Company “SOMO” would control oil export operations in the region, indicating that the negotiations will revolve around the work of the companies and the nature of the contracts, according to him.[/rtl]
[rtl]On the other hand, a member of the Energy and Oil Committee in Parliament, Muhammad Al-Farman, explained that this issue is still unsettled, and that it may depend on the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington in the middle of this month, as there is pressure in this aspect, and that the government delegation to Washington will include Oil Minister Hayyan Abdul-Ghani also said.[/rtl]
[rtl]The beginning of the crisis between Baghdad and Erbil began in 2014, when Turkey allowed the Kurdistan region to export oil independently of the Federal Ministry of Oil, as the Kurdish pipeline was linked to the Iraqi-Turkish oil pipeline, before the ruling of the International Chamber of Commerce in Paris ruled in favor of Iraq and condemned Turkey for... Using the line within Turkish territory without the approval of the Iraqi government.[/rtl]
[/size]
[rtl]The future of Kurdistan oil[/rtl]
[size][rtl]Returning to Hamza Al-Jawahiri and the future of oil companies operating in the Kurdistan region, he stressed that the federal government did not request the exit of these companies from the country, but rather asked them to amend the contracts in accordance with Iraq’s laws and constitution. Otherwise, these companies cannot return to work again. According to him,[/rtl]
[rtl]Meanwhile, Abdul Rahman Al-Mashhadani, professor of economics at the Iraqi University in Baghdad, says that the rehabilitated damage to the Iraqi strategic line does not exceed 50 kilometers, and therefore, Iraq will initially export approximately 350 thousand barrels per day, indicating that Baghdad has become obligated to export oil via This line is in accordance with the Iraqi-Turkish agreement. Otherwise, Iraq will bear the costs and fees for not using the Turkish line according to the bilateral agreement.[/rtl]
[rtl]He stated that the problem of the region's oil is represented by oil companies, as these companies require traffic fees estimated at about $26 per barrel, while the cost of transporting it across the strategic line does not exceed $7 per barrel, and therefore the Iraqi line will be more profitable than the competing Kurdish line, which is what made The position of oil companies in the region is almost “hysterical,” according to his description.[/rtl]
[rtl]Regarding the Kurdish position, Reuters quoted the energy advisor in the Kurdistan region, Bahjat Ahmed, stating that Iraqi Oil Ministry officials informed the Kurdish negotiating team that they consider the agreement between the Kurdistan Regional Government and the Russian company Rosneft illegal and a violation of applicable Iraqi laws.[/rtl]
[rtl]Baghdad had rejected a request from the Kurdistan Regional Government for Baghdad to pay oil transit fees from the region to Turkey, estimated at $6 per barrel, to the Russian oil company Rosneft, which partially owns the Kurdish pipeline.[/rtl]
[rtl]The Iraqi Kurdistan Regional Government did not respond to questions regarding its position on restarting the Iraqi line and the future of the Kurdish line, but the lack of response to communications prevented that.[/rtl][/size]
Views 33
Added 04/12/2024 - 12:07 PM
[You must be registered and logged in to see this link.]
Today at 7:44 am by Rocky
» Chairman of the Securities Commission: 3 million shares, average daily trading volume
Today at 7:43 am by Rocky
» Tamim calls on the countries participating in the meetings of the Arab Administrative Development Or
Today at 7:41 am by Rocky
» Parliamentary Endowments: 39 thousand pilgrims, Iraq’s share, and waiving the religious obligation i
Today at 7:39 am by Rocky
» Washington refers to Iraqi legislation that “does not harm” his international presence, and Baghdad
Today at 7:34 am by Rocky
» Deputy: Extending the legislative term depends on sending the budget schedules
Today at 7:30 am by Rocky
» Parliamentary Legal: 88 draft laws on the parliamentary shelf
Today at 7:29 am by Rocky
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
Today at 6:30 am by Rocky
» The head of the movement denies any Iraqi-American negotiations to remove the coalition
Today at 6:23 am by Rocky
» A deputy expects to resolve the issue of electing the Speaker of Parliament next week
Today at 6:22 am by Rocky
» Obtaining the approval of the Minister of Electricity to fill the energy shortage in Dhi Qar
Today at 6:21 am by Rocky
» Economist on the decline in dollar prices: My time and it will not reach its official price
Today at 6:20 am by Rocky
» The Iraqi Ministerial Council for National Security approves the 2024-2028 strategy
Today at 6:18 am by Rocky
» Mulla Bakhtiar: Nechirvan Barzani's visit to Iran melted the ice between Erbil and Tehran
Today at 6:17 am by Rocky
» Password "78"... Why did the Sudanese government's interrogations and noisy sessions decline?
Today at 6:16 am by Rocky
» JP Morgan forecasts an increase in the oil capacity of Iraq and other countries in 2025
Today at 6:15 am by Rocky
» Turkish Minister of Transport: The development road will cost $20 billion
Today at 6:13 am by Rocky
» The Supreme Committee for Reconstruction and Investment approves a package of strategic projects
Today at 6:12 am by Rocky
» Work: Preparing a unified national strategy to create job opportunities for youth
Today at 6:11 am by Rocky
» The Prime Minister's financial advisor reduces the risks of the budget deficit
Today at 6:10 am by Rocky
» Sudanese announces the signing of an agreement with Japan to finance small and medium enterprises in
Today at 6:09 am by Rocky
» Government Advisor: The Securities Commission represents the governance base for promoting financial
Today at 6:08 am by Rocky
» A unified national strategy to create job opportunities for youth
Today at 6:07 am by Rocky
» A one-week deadline to decide the position of Speaker of Parliament
Today at 6:06 am by Rocky
» Parliament: We coordinate with the competent regulatory authorities to examine medicines
Today at 6:04 am by Rocky
» The Commission suspends the Kurdistan Parliament's voting procedures
Today at 6:03 am by Rocky
» $100 million to localize the pharmaceutical industry
Today at 6:01 am by Rocky
» Increase in external remittances at the Central Bank
Today at 6:00 am by Rocky
» A government advisor reduces the risks of a budget deficit
Today at 5:54 am by Rocky
» Culture: We seek to invest in the stability of the country to advance the tourism sector
Today at 5:53 am by Rocky
» Integrity announces the results of a questionnaire on bribery in real estate registration department
Today at 5:50 am by Rocky
» Parliament comments on Sudanese plan to restructure the government apparatus: It needs radical refor
Today at 5:49 am by Rocky
» The dollar rises again against the Iraqi dinar in Baghdad
Today at 5:45 am by Rocky
» Politician: The government does not deal transparently with the issue of expelling the Americans
Today at 5:43 am by Rocky
» A government bank participating in an accounting project
Today at 5:42 am by Rocky
» Masrour Barzani: The Kurdistan Regional Government has implemented all its obligations and duties
Today at 5:41 am by Rocky
» French Consul: France strengthens relations with the Kurdistan Region
Today at 5:39 am by Rocky
» Studies Center: Sudanese faces the challenges of maintaining sustainable relations with the United S
Today at 5:38 am by Rocky
» “The absence of democracy is not possible.” The federal government remains silent on the postponemen
Today at 5:37 am by Rocky
» Taqadum Party: The absence of the Speaker of Parliament disrupted the general amnesty law
Today at 5:36 am by Rocky
» The file of oil export through Turkish territory is under the control of politicians
Today at 5:33 am by Rocky
» For the sake of the position of president and the budget schedules... there is a preference for exte
Today at 5:32 am by Rocky
» “If you bring the equipment, let’s begin.” Revealing the secrets of Erdogan’s visit to Iraq and the
Today at 5:31 am by Rocky
» Parliamentary moves to approve the Human Organ and Tissue Bank Law
Today at 5:29 am by Rocky
» Electricity embarks on an 11-axis plan to develop the energy sector
Today at 5:27 am by Rocky
» Al-Asadi announces work on legislating a law on occupational health and safety
Today at 5:26 am by Rocky
» Al-Rasheed: Increasing the amount of loans for restoration and maintenance of buildings to 50 millio
Today at 5:25 am by Rocky
» Under the chairmanship of Al-Sudani, Reconstruction and Investment agree on projects related to elec
Today at 5:24 am by Rocky
» Baghdad and Tehran.. New discussions regarding railway connectivity to transport visitors between th
Today at 5:23 am by Rocky
» Immigration: Our plan focuses on the voluntary return of displaced persons and rejecting their house
Today at 5:22 am by Rocky
» An Iraqi trade delegation in Iran to facilitate the export of agricultural crops to Iraq
Today at 5:21 am by Rocky
» Sudanese launches work on the Union Mills Project in Babil Governorate
Today at 5:19 am by Rocky
» Parliamentary demands to resolve the selection of the Speaker of Parliament next week: So far, there
Today at 5:18 am by Rocky
» Sudanese inaugurates a sugar production factory expansion project and three other factories
Today at 5:17 am by Rocky
» Al-Sudani confirms the unlimited support from the government to develop the success story in the pri
Today at 5:16 am by Rocky
» From Babylon... Al-Sudani announces the referral of the large Hilla sewerage project, phase two, to
Today at 5:15 am by Rocky
» Al-Sudani: The factories that opened in Babylon provide more than 4,000 job opportunities
Today at 5:14 am by Rocky
» A representative calls for the payment of lucrative compensation to farmers after the flooding of wh
Today at 5:13 am by Rocky
» Government Advisor: The Securities Commission represents the governance base for promoting financial
Today at 5:12 am by Rocky
» utube MM&C 5/7/24 Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Bac
Yesterday at 7:53 am by Rocky
» MM&C The Iraqi Private Banks Association told NEWS: These are the results of the Prime Minister’s me
Yesterday at 7:52 am by Rocky
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
Yesterday at 7:51 am by Rocky
» Deputy: The general amnesty law will be passed
Yesterday at 7:46 am by Rocky
» A change in the fuel smuggling map... “control” over the central ports and “laxity” in the north
Yesterday at 7:43 am by Rocky
» Al-Sudani takes three urgent decisions to block the wheat mafias in Iraq
Yesterday at 7:41 am by Rocky
» Electricity embarks on an 11-axis plan to develop the energy sector
Yesterday at 7:39 am by Rocky
» “Thug and smuggler.” A female representative talks about a crocodile in Parliament blackmailing exec
Yesterday at 7:37 am by Rocky
» Al-Sudani told the US State Department: Iraq is keen to strengthen its democratic system
Yesterday at 7:36 am by Rocky
» The Central Bank sells more than $275 million at auction today
Yesterday at 7:34 am by Rocky
» The Minister of Commerce stresses the observance of the Iraqi standard in the supply of goods
Yesterday at 7:33 am by Rocky
» The Iraqi Trade Bank announces its participation in the process of localizing the salaries of Kurdis
Yesterday at 7:32 am by Rocky
» Iraq adopts an advanced system to combat money laundering and terrorist financing
Yesterday at 6:25 am by Rocky
» Increase in Euphrates River levels due to Turkish water releases
Yesterday at 6:22 am by Rocky
» Demands the need to legislate the capital law
Yesterday at 6:21 am by Rocky
» Parliament decided to extend the legislative term by one month
Yesterday at 6:20 am by Rocky
» A bank participating in the process of localizing the salaries of employees in the region
Yesterday at 6:18 am by Rocky
» Parliamentary request to the Ministry of Finance regarding defense mobilization dues/document
Yesterday at 6:17 am by Rocky
» Dollar prices in Baghdad and Kurdistan today
Yesterday at 6:16 am by Rocky
» Al-Rasheed decides to increase the ceiling for granting “construction” loans to 75 million dinars
Yesterday at 6:14 am by Rocky
» A government plan to expand the construction of water harvesting dams
Yesterday at 6:12 am by Rocky
» Frozen or banned? An Iranian official reveals the fate of Tehran’s money in Baghdad
Yesterday at 6:11 am by Rocky
» The Iraqi Trade Bank participates in the process of localizing the salaries of Kurdistan Region empl
Yesterday at 6:10 am by Rocky
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
Yesterday at 6:09 am by Rocky
» After targeting its branch in Kurdistan... Dana Gas announces a decrease in its profits to $38 milli
Yesterday at 6:08 am by Rocky
» A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules
Yesterday at 6:08 am by Rocky
» Stopping the Commission’s procedures regarding the region’s elections
Yesterday at 6:06 am by Rocky
» Foreign oil companies violate Iraqi laws
Yesterday at 6:05 am by Rocky
» The position of Speaker of Parliament depends on the political agreement
Yesterday at 6:04 am by Rocky
» The Ministry of Finance decides to send the April salary to the Kurdistan region
Yesterday at 6:02 am by Rocky
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
Yesterday at 6:01 am by Rocky
» 88 projects awaiting resolution.. What will happen to the stalled laws in Parliament? - Urgent
Yesterday at 6:00 am by Rocky
» Al-Sudani receives the US Undersecretary of State
Yesterday at 5:59 am by Rocky
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
Yesterday at 5:57 am by Rocky
» Advisor to Al-Sudani: Sanctions on 32 private banks caused financial problems inside Iraq (video)
Yesterday at 5:56 am by Rocky
» An expert comments on the use of the Iraqi currency in commercial transactions with Iran
Yesterday at 5:54 am by Rocky
» Why does Iraq depend on foreign banks for dollar transfers?
Yesterday at 5:53 am by Rocky
» Deputy: The fuel smuggling map in Iraq has “radically changed” from what it was years ago
Yesterday at 5:52 am by Rocky
» Petroleum Products announces a decrease in gasoline imports by about 8 million liters
Yesterday at 5:51 am by Rocky
» Government advisor: Collections will shift almost completely to electronic payment in the middle of
Yesterday at 5:49 am by Rocky