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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


    Iraqi Kurdistan-Iran proposed pipeline still awaits Baghdad’s endorsement

    Rocky
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    • Post n°1

    Iraqi Kurdistan-Iran proposed pipeline still awaits Baghdad’s endorsement Empty Iraqi Kurdistan-Iran proposed pipeline still awaits Baghdad’s endorsement

    Post by Rocky Tue 17 May 2016, 6:09 am

    Iraqi Kurdistan-Iran proposed pipeline still awaits Baghdad’s endorsement
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    Photo: Kurdish Local Media
    HEWLÊR-Erbil, Kurdistan region ‘Iraq’,— A proposed pipeline to export Kurdish oil through Iran still has not received an endorsement from the Iraqi government, an Iranian consular official said.
    Ali Panahi, the Iranian deputy consul in Sulaimani, told Rudaw that negotiations are still ongoing about the proposed pipeline, which could help export up to 250,000 barrels of Kurdish oil per day (bpd) to Iran’s southern coasts for shipping to international buyers.
    “Iraq has not given the green light to approve the project,” Panahi said, referring to construction of the pipeline.

    Iranian officials announced earlier this year that Tehran had offered the Kurdistan Regional Government (KRG) access to the Persian Gulf for export of its crude oil, after a series of disruptions halted the shipment of Kurdistan’s oil through the Turkish Ceyhan port on the Mediterranean coast.
    Critical voices in the Kurdistan Region have recently grown louder concerning the KRG’s long-term energy deals with Turkey, urging the government to find an alternative route to export its crude oil and natural gas.
    “In case of any conflict with Turkey, whether military or political, Kurdistan will manage if it has access to a second export route,” an Iraqi Kurdish MP in Baghdad told Rudaw. “Kurdistan should not depend solely on Turkey for its oil export,” he added.
    Starting next year, Erbil also looks to becoming a major exporter of natural gas to Turkey.
    The Kurdistan Region has an estimated 45 billion barrels of crude oil reserves, which it administers largely independently of Baghdad.
    There is also between 10 to 20 billion barrels of oil outside the Kurdistan Region in the so-called disputed territories that are predominantly Kurdish. Since 2014, these territories have been patrolled by the KRG’s Peshmerga forces, including oil wells in Kirkuk and several fields in the Nineveh Plains.
    “There is an understanding between the KRG and Iran regarding the oil pipeline which is not signed yet,” the KRG representative in Tehran, Nazim Dabbagh, told Rudaw. “The Kurdistan Region needs to approve it before Iran signs the deal.”
    He said Baghdad had showed willingness to support the project if the oil export to Iran also included Kirkuk’s oil production, which is currently being exported to Ceyhan.

    “Iraq will have no problem with the project if also the oil from Kirkuk is sent to Iran through that pipeline,” Dabbagh said, referring to Iraqi concerns over the pipeline.
    Containing nearly 10 percent of Iraq’s 140 billion barrels of oil reserves, Kirkuk has been in the spotlight for much of the last century, after the oil discoveries were first made there in the late 1930s.
    According to the KRG oil ministry, over 15 million bpd was exported to the Ceyhan port in April, which also included oil from Kirkuk.

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