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[size=52]Economist reveals the value of oil derivatives smuggled from Kurdistan to Türkiye[/size]
- Today 09:45
Information/Anbar..
Economic expert Rashid Al-Saadi revealed, today, Sunday, that Iraq's losses due to the smuggling of large quantities of oil derivatives from the Kurdistan Region to Türkiye amounted to one billion and 500 million dollars.
Al-Saadi said in a statement to / Al-Maalouma / agency, "The Oil Marketing Company (SOMO) imposed a financial fine on Turkey as compensation to be paid to Iraq for the value of the oil smuggled from the Kurdistan Region to Turkey, amounting to one billion and 500 million dollars, but Turkey is still delaying the process of paying the financial amounts due on it as a result of receiving stolen oil shipments from Iraq."
He added, "Imposing financial compensation on Türkiye came against the backdrop of the halt in oil exports from Iraq to Ceyhan."
Al-Saadi continued, "The halt in Iraqi oil exports to Turkey via the port of Ceyhan has revived the smuggling of oil derivatives from the Kurdistan Region to Turkey, despite the fact that oil exports to Turkey are officially halted by the State Oil Marketing Company (SOMO)."
He pointed out that "the smuggling of oil derivatives from the Kurdistan Region to Türkiye is large and has greatly affected Iraq's oil imports." End / 12A
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Economic expert Rashid Al-Saadi revealed, today, Sunday, that Iraq's losses due to the smuggling of large quantities of oil derivatives from the Kurdistan Region to Türkiye amounted to one billion and 500 million dollars.
Al-Saadi said in a statement to / Al-Maalouma / agency, "The Oil Marketing Company (SOMO) imposed a financial fine on Turkey as compensation to be paid to Iraq for the value of the oil smuggled from the Kurdistan Region to Turkey, amounting to one billion and 500 million dollars, but Turkey is still delaying the process of paying the financial amounts due on it as a result of receiving stolen oil shipments from Iraq."
He added, "Imposing financial compensation on Türkiye came against the backdrop of the halt in oil exports from Iraq to Ceyhan."
Al-Saadi continued, "The halt in Iraqi oil exports to Turkey via the port of Ceyhan has revived the smuggling of oil derivatives from the Kurdistan Region to Turkey, despite the fact that oil exports to Turkey are officially halted by the State Oil Marketing Company (SOMO)."
He pointed out that "the smuggling of oil derivatives from the Kurdistan Region to Türkiye is large and has greatly affected Iraq's oil imports." End / 12A
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