Iraqi oil exports face uncertainty amidst pipeline closure and Kurdish dispute.

1 min read
Source: OilPrice.com
Iraqi oil exports face uncertainty amidst pipeline closure and Kurdish dispute.
Photo: OilPrice.com
TL;DR Summary

Kurdistan's oil exports, which were halted last week by the federal government of Iraq, could be suspended for another week as officials from Kurdistan are set to return to Baghdad next week for a new round of talks on the resumption of crude exports from Kurdistan via a pipeline to the Turkish Mediterranean port of Ceyhan. Talks between officials from Kurdistan and from the Iraq federal government have failed in recent days, and oil companies operating in the semi-autonomous region of Kurdistan have already started to shut down oil fields as storage capacity is limited while they had been instructed to temporarily cease deliveries to the Iraq-Turkey Pipeline destined for the port of Ceyhan.

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