KRG plans more oil sales


Issue 972 - 21 Jun 2014 | 1 minute read

With much of Iraq embroiled in the fight against Islamic militants (see page 1), the Kurdistan Regional Government (KRG) is planning to sell another two oil tankers from the Turkish port of Ceyhan in the coming days, again bypassing the central marketing system. The KRG loaded its first tanker in late May, prompting Baghdad to file a request for arbitration against Turkey and its state-owned pipeline operator Botas (GSN 971/12). A second tanker carrying Kurdish oil left Ceyhan on 10 June; on 16 June, energy minister Taner Yildiz said a third would depart the Turkish port on 22 June, and on 17 June, minister for natural resources Ashti Hawrami said a fourth would also be loading within the week

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