Turkey Silent After Tripartite Deal That Could Get Kurdish Flowing This Week ...Middle East

A breakthrough agreement between Baghdad, Erbil, and international oil companies is expected to be announced within 24 hours, potentially ending an 18-month halt in Kurdish crude exports through Turkey’s Ceyhan port. Local outlet Kurdistan24 reported that the Kurdistan Regional Government (KRG), Iraq’s Oil Ministry, and producing oil companies have agreed on volumes and procedures that would place roughly 230,000 barrels per day under the federal marketing authority SOMO, while another 50,000 bpd would supply the domestic market. If…

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