450,000 Bpd Flow Of Kurdish Crude Unlikely To Restart This Weekend ...Middle East

While the Iraqi oil minister has said that 450,000 barrels per day of shut-in oil exports from Iraqi Kurdistan would restart exports on Saturday, Kurdish and Turkish officials both said on Friday that it is unlikely the pipeline would be turned back on in that timeframe. The pipeline was closed down on March 25 by Turkey, following an international arbitration ruling in favor of Iraq against Turkey. The pipeline shut-down removed Kurdish oil from the market that it was exporting unilaterally to Turkey, against the wishes of the Iraqi federal government. …

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