Turkey Inches Closer To Disrupting Kurdish Oil Exports

29 Sep 2017   Iraq, Turkey

Turkey supports Iraq’s decision that the oil trade should be done only by the central government, reaffirming it will deal only with Baghdad, in a move that could disrupt or totally cut off crude oil exports from the Kurdistan region after it voted for independence earlier this week. The office of Iraqi Prime Minister Haider al-Abadi has said that Turkish Prime Minister Binali Yildirim told al-Abadi in a phone call that Ankara will deal only with Iraq’s central government regarding oil trades, Reuters reports. “Mr. Yildirim also stressed his country’s support for all other decisions, including the export of oil should be through the federal authorities,” al-Abadi’s office said in a press release on Thursday, referring to the phone call. Kurdistan produces around 600,000 bpd of crude oil, or about 15 percent of Iraq’s total output. Turkey is crucial to Kurdistan’s oil exports to the world, because most Kurdish […]

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