Kurdistan ‘goodwill’ exports stalled
Due to pipeline sabotage, and amidst an enduring political impasse, the KRG has postponed its plans to begin exporting through federal channels.
Oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAS). (UMIT BEKTAS/Reuters)
KIRKUK - Iraq’s autonomous Kurdistan region has delayed its plans to begin exporting oil through federal channels, blaming increased violence that has crippled the Iraq-Turkey Pipeline (ITP).
Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani had announced that the region would start exporting 100,000 barrels per day (bpd) on April 1 in a "goodwill gesture" to ease tension with Baghdad over oil disputes, which have prevented the passage of a 2014 budget and hampered the full activation of a new 300,000 bpd pipeline in Kurdish territory.
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