Iraq to Resume Oil Exports from Kurdistan via Turkey
Iraq is set to resume oil exports from its Kurdistan region through oil marketer SOMO at Turkey's Ceyhan terminal. The initial flow will begin with 185,000 barrels and is expected to increase gradually.
- Country:
- United Arab Emirates
Iraq has announced plans to resume oil exports from its Kurdistan region via oil marketer SOMO through Turkey's Ceyhan terminal. This announcement came from the oil ministry on Friday.
The initial export volume has been set at 185,000 barrels, with gradual increases anticipated moving forward.
This development marks a significant step in re-establishing regional oil trade routes, potentially bolstering Iraq's oil economy.
(With inputs from agencies.)
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