Iraq awaits final answer from Turkey to resume exports - oil min

Iraq is still waiting for a final answer from Turkey to resume its northern oil exports, which run from the semi-autonomous Kurdistan region to the Turkish port of Ceyhan, Iraq's oil minister Hayan Abdel-Ghani said on Tuesday. Turkey told Baghdad a technical team was evaluating whether the pipeline was damaged as a result of the devastating February earthquake, Abdel-Ghani said.


Reuters | Doha | Updated: 23-05-2023 14:55 IST | Created: 23-05-2023 14:52 IST
Iraq awaits final answer from Turkey to resume exports - oil min
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Iraq is still waiting for a final answer from Turkey to resume its northern oil exports, which run from the semi-autonomous Kurdistan region to the Turkish port of Ceyhan, Iraq's oil minister Hayan Abdel-Ghani said on Tuesday.

Turkey told Baghdad a technical team was evaluating whether the pipeline was damaged as a result of the devastating February earthquake, Abdel-Ghani said. Turkey halted Iraq's 450,000 barrels per day (bpd) of northern exports through the Iraq-Turkey pipeline on March 25 after an

arbitration ruling by the International Chamber of Commerce (ICC).

The ICC ordered Turkey to pay Baghdad damages of $1.5 billion for unauthorised exports by the Kurdistan Regional Government between 2014 and 2018. Iraq asked Turkey

this month to resume pipeline flows and loading operations at Ceyhan on May 13.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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