Iraq, KRG to sign deal to resume northern oil exports ...Kuwait

Iraqi and Kurdish officials are expected to sign a deal in Baghdad on Tuesday to resume the exportation of crude oil from the Iraqi Kurdistan region to Turkey, sources told The New Arab. The decision to stop shipments of 450,000 barrels per day (bpd) of crude relates stems from a legal case in 2014 when Baghdad claimed that Turkey violated a joint agreement by allowing the Kurdistan Regional Government (KRG) to export oil through a pipeline to the Turkish port of Ceyhan. The International Chamber of Commerce on 25 March ruled in favour of Iraq. Masrour Barzani, KRG's prime minister, will visit Baghdad on Tuesday and meet with Iraq's prime minister Mohammed Shia' al-Su

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Last updated : 04 April 2023 clock 10:08 AM

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Iraq, KRG to sign deal to resume northern oil exports ...Kuwait

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