Rantburg

Today's Front Page   View All of Sun 12/08/2019 View Sat 12/07/2019 View Fri 12/06/2019 View Thu 12/05/2019 View Wed 12/04/2019 View Tue 12/03/2019 View Mon 12/02/2019
2019-08-29 Iraq
Iraq seeks alternative oil export route via Turkey amid Persian Gulf tensions
[Rudaw] Iraq’s oil minister said on Wednesday that his country hopes to construct a new pipeline with neighboring The Sick Man of Europe Turkey
...the occupiers of Greek Asia Minor...
as Baghdad seeks to establish oil export routes away from the Persian Gulf, currently plagued by high tensions between Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan, the abbreviation IRGC is a cognate form of Stürmabteilung (or SA), the term Supreme Guide is a cognate form of either Shah or Führer or maybe both, and they hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
and the US and its allies.

Iraqi Oil Minister Thamir Ghadhban met with Ottoman Turkish counterpart Fatih Donmez in Baghdad on Wednesday, where he informed the Ottoman Turkish minister "about the willingness of the [Iraqi] ministry of oil - with support from the Iraqi government - to construct a new pipeline to transport Iraqi crude oil from Kirkuk to Iraqi border through the same old track," he said during a joint presser with Donmez after the meeting.

He was referring to an old Kirkuk-Ceyhan pipeline between the two countries which came under frequent attacks by gangs after the US-led invasion of Iraq in 2003. It is no longer used by Iraq because of the damage it sustained.

With 90 percent of Iraq’s government revenue coming from oil exports, the country is heavily dependent on safe navigation of the Persian Gulf for its subsistence.

Iraq exports about five million barrels of crude oil per day to world markets, including more than a hundred thousand barrels per day from Kirkuk to Turkey through the Kurdistan Region’s pipelines.

Kurdistan Region used to export more than 300,000 bpd from the province of Kirkuk to Turkey before October 16, 2017, when the Iraqi army and pro-Iran militia groups drove Kurdish Peshmerga forces out of the province following a Kurdish referendum for independence from Iraq.

With exports from Kirkuk to Turkey suspended, oil was instead sent to Iran via tankers. The venture proved costly, unsafe, and was ultimately ordered to a halt by the US because of Washington's imposition of oil industry sanctions on Iran.

However,
the way to a man's heart remains through his stomach...
Erbil and Baghdad reached an agreement in late 2018 to export the Kirkuk oil via the Kurdistan Region’s pipelines to Turkey. The KRG charges Iraq for use of the pipeline.
Posted by trailing wife 2019-08-29 00:00|| E-Mail|| Front Page|| [88 views ]  Top
 File under: Govt of Iraq 

06:33 Lord garth
06:32 SteveS
06:30 Dron66046
06:30 Dron66046
06:27 Uleck Spererong9442
06:22 Dave D.
06:22 Uleck Spererong9442
06:21 Uleck Spererong9442
06:18 Dron66046
06:03 Dron66046
06:00 Dron66046
05:54 Dron66046
05:53 Fat Bob Javish1936
05:46 g(r)omgoru
05:35 Dron66046
05:19 Varmint Splat1454
05:08 g(r)omgoru
04:59 M. Murcek
04:56 M. Murcek
04:47 M. Murcek
04:44 M. Murcek
04:39 M. Murcek
04:25 g(r)omgoru
04:19 Dron66046

Rantburg was assembled from recycled algorithms in the United States of America. No trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
3.229.122.219

Merry-Go-Blog










Paypal:
Google
Search WWW Search rantburg.com