Oil Ministry targets Vitol for legal action in KRG oil dispute

30 Jun 2017   Iraq

Baghdad prepares a legal offensive as the Neverland oil tanker, filled with a controversial cargo of crude from Kurdistan, appears to be changing course toward Canada. The Neverland tanker, seen here in a promotional picture from owner Finaval. (Source: http://www.finaval.com/site/en/fleet/fleet-card-aframaxes/neverland) The Iraqi Oil Ministry believes Vitol is the buyer and shipper of a tanker of crude that is heading to Nova Scotia, Canada, a week after it set off from Turkey’s Ceyhan port toward the United States. Baghdad is now preparing for legal action in Canadian jurisdiction over what one senior Oil Ministry official referred to as “smuggled” oil, and against Vitol. This content is for registered users.

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