Iraq Planning to Export Kirkuk Crude to Turkey
Iraq Planning to Export Kirkuk Crude to Turkey

Iraq Planning to Export Kirkuk Crude to Turkey

Iraq Planning to Export Kirkuk Crude to Turkey

Iraq plans to construct a new pipeline to transport oil from Kirkuk to the Turkish port of Ceyhan, the Iraqi Oil Ministry confirmed on Sunday.

Oil exports from Kirkuk have been on hold since Iraq recaptured the Kurdish-controlled oilfields last month.

The new pipeline will replace a damaged section of the Kirkuk-Ceyhan pipeline, connecting the nearby city of Baiji with Turkey’s Fish-Khabur border area, RT reported.

Exports had been suspended in retaliation for a Kurdish independence referendum in September.

Iraq’s Oil Ministry hopes that the new pipeline would double Kirkuk’s oil exports to 1 million barrels per day.

“The old pipeline has been severely damaged due to the repeated subversive operations of Daesh gangs,” ministry spokesman, Asem Jihad, said, referring to an Arabic acronym for the self-styled Islamic State terrorist group.

“Specialized companies will be invited soon for presenting tenders,” he added.

Top Iraqi oil officials met with a Turkish energy delegation in Baghdad earlier this month to discuss resuming Kirkuk’s oil exports.

According to reports, Iraq’s state-run Oil Marketing Company, or SOMO, is seeking an agreement with Turkey that would give it full control of exports from Kirkuk and the surrounding Kurdish region.

US-backed Kurdish groups have controlled the Kirkuk-Ceyhan pipeline for the past two years after successfully pushing IS militants out of the region.

However, exports have been on hold since Iraqi forces seized Kirkuk’s oilfields from the Kurdistan Regional Government last month.

The Kurds were pushed out of Kirkuk in mid-October, three weeks after the Kurdistan Region held a controversial independence referendum.

The proposed pipeline is complicated by a $4 billion debt that the Kurds owe to Turkey. However, Iraq’s central government insists that it is not responsible for settling the outstanding Kurdish debt.

Short URL : https://goo.gl/DDjZq7
  1. https://goo.gl/REhqk5
  • https://goo.gl/WnCZpS
  • https://goo.gl/CkQVci
  • https://goo.gl/77QSUP
  • https://goo.gl/XK1tBT

You can also read ...

Asia Buyers of Iran Oil Hopeful of US Waivers
Asian buyers of Iranian oil are gaining confidence they will...
Poland Signs 20-Year LNG Deal With US Co.
Poland’s main gas firm PGNiG has signed a 20-year agreement...
1 Million Smart Meters for Energy-Intensive Consumers in Iran
One million energy-intensive households and commercial units...
Iran: 7 Combined-Cycle Power Plants Ready for Launch in June
Work is in progress to develop new phases in combined-cycle...
Iran Oil Co. Chief Calls for Buying Stake in Foreign Refineries
Talks are underway to buy shares in refineries of other...
Iran's SIPIEM Inviting Foreign SMEs in Energy Sector
The Society of Iranian Petroleum Industry Equipment...

Add new comment

Read our comment policy before posting your viewpoints