Trafigura Ends Oil Export Deal With Kurdistan ...Middle East

OILPRICE - Economy
Trafigura Ends Oil Export Deal With Kurdistan
source : OILPRICE ( Middle East ) () 23
One of the world’s top commodity traders, Trafigura, is pulling out of a prepayment-for-oil-exports deal with the semi-autonomous region of Kurdistan in Iraq, a source with knowledge of the matter told Bloomberg on Friday. The ending of such a deal is another setback for the Kurdistan Regional Government (KRG) in its attempts to continue exporting crude oil independently from the federal government of Iraq.   Trafigura, which had lent money to KRG in exchange for future oil exports from the region, is still owed $273 million under…

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