Iran And Turkey Court The KRG For Oil

31 May 2016   Iran, Iraq, Turkey

Oil pipeline Two years ago, while Kurdish oil was flowing to Turkey’s port of Ceyhan, Iran and the Kurdistan Regional Government (KRG) signed a natural gas-for-oil agreement that included the construction of two pipelines between the territories. According to the agreement, the regional government would receive between 3 million and 4 million liters of refined oil fuel and natural gas in return for crude oil. The first pipeline would carry oil from Kurdish territory to Iran and Iran would refine and then return the oil. Moreover, Iran would send natural gas to KRG cities such as Sulaymaniyah and Erbil. At the time of the agreement, ISIS was attacking Iraqi territory and threatening Iraqi oil resources; Iran was under international sanctions, and Bagdad was opposing the export of stored Kurdish oil from Turkey’s port of Ceyhan, claiming that the KRG was violating Iraq’s constitution. Shortly after the ISIS invasion of […]

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