Iran to facilitate Kirkuk exports

11 Nov 2017   Iran, Iraq

By trucking crude to Iran, the Oil Ministry would reduce dependence on the KRG-controlled export system and open a new outlet for Kirkuk oil that is currently stranded. Deputy Oil Minister Karim Hattab (left), acting Kirkuk Gov. Rakan al-Jabouri (center) and North Oil Company Director General Farid al-Jadir (right) lead a meeting with senior provincial oil, security and administrative officials on Nov. 7. Among the topics: speeding up oil field and pipelines development. (Source: Kirkuk governor’s office) Iraq has announced a preliminary deal to export as much as 60,000 barrels per day (bpd) of Kirkuk oil by truck to Iran, potentially leading to the construction of a long-discussed oil pipeline. If implemented, the agreement would provide Iraq’s federal government with a new alternative for monetizing oil produced in Kirkuk – reducing Baghdad’s dependence on the northern export system to Turkey’s Ceyhan port that is currently controlled by the Kurdistan […]

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