Iraq Prepared to Resume Oil Exports Via Turkish Pipeline Amid Disputes

Iraq’s Oil Ministry announced its readiness to restart oil exports from Kurdistan via Turkey, despite ongoing disputes with its central government. The Turkish pipeline has been shut for almost two years due to technical and financial issues, with both parties asserting their willingness to resume exports that have yet to materialize.

The Iraqi Oil Ministry has reiterated its readiness to resume oil exports from the Kurdistan region through a pipeline to Turkey that has been inactive for nearly two years. However, ongoing disputes between the Kurdistan regional government and Baghdad remain unresolved. Both governments have expressed their willingness to facilitate the flow of oil, but formal resumption has yet to occur.

In summary, while Iraq expresses its readiness to restart oil exports via the Turkish pipeline, significant barriers remain due to unresolved disputes with the Kurdish government and adherence to OPEC production cuts. The situation remains delicate, with legislative amendments and negotiations needed to facilitate a resolution.

Original Source: www.energyconnects.com