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"Epicor" calls for holding a tripartite meeting with Baghdad and Erbil to resume Kurdistan's oil exports
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2024-05-28 02:12
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2024-05-28 02:12
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Shafaq News/ The Kurdistan Oil Industry Association, “Epicor”, called on Tuesday for a tripartite meeting between it, the federal government, and the Kurdistan Regional Government to resume oil exports from the region through the Turkish port of Ceyhan.
The association said in a statement today that its attention fell on reports indicating that oil companies in the Kurdistan region do not show leniency or flexibility in order to resume oil exports, and this is the reason for the delay in resuming oil exports in the region via the pipeline between Iraq and Turkey.
The statement considered these reports to be incorrect, noting that "these reports talk about the matter in a way as if there were negotiations with the oil companies, and the latter in turn do not show any flexibility in those negotiations."
The statement also indicated that "there are currently no negotiations between oil companies, the Kurdistan Regional Government, and the Iraqi government, and the last negotiations were held in the period from 7 to 9 January of this year."
Epicor confirmed that oil companies operating in the region are ready to resume oil exports, provided that they agree to pay their financial rights in the past and guarantee them in the future, and on the condition that the deals contained in their contracts are protected.
For his part, Miles Cakins, spokesman for the association, said, “Epicor member companies believe that the best way to find a solution is to hold a tripartite meeting between oil companies, the Kurdistan Regional Government, and the Iraqi government.”
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The association said in a statement today that its attention fell on reports indicating that oil companies in the Kurdistan region do not show leniency or flexibility in order to resume oil exports, and this is the reason for the delay in resuming oil exports in the region via the pipeline between Iraq and Turkey.
The statement considered these reports to be incorrect, noting that "these reports talk about the matter in a way as if there were negotiations with the oil companies, and the latter in turn do not show any flexibility in those negotiations."
The statement also indicated that "there are currently no negotiations between oil companies, the Kurdistan Regional Government, and the Iraqi government, and the last negotiations were held in the period from 7 to 9 January of this year."
Epicor confirmed that oil companies operating in the region are ready to resume oil exports, provided that they agree to pay their financial rights in the past and guarantee them in the future, and on the condition that the deals contained in their contracts are protected.
For his part, Miles Cakins, spokesman for the association, said, “Epicor member companies believe that the best way to find a solution is to hold a tripartite meeting between oil companies, the Kurdistan Regional Government, and the Iraqi government.”
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