November 17, 2023 16:55 GMT
International Companies Not Contacted About Iraq-Turkey Pipeline Restart
OIL
International oil companies operating in Iraqi Kurdistan represented by APIKUR have not been approached about the Iraq-Tukey pipeline re-opening despite apparent renewed efforts to restart flows.
- The group said to Reuters its members had not been invited to recent meetings, but the discussions were “potentially a positive step”.
- “Any agreement will require the endorsement of Iraqi, Kurdish officials and APIKUR” Reuters reported, adding further complexity to the restart that has faced many false starts since its closure in March.
- International oil companies operating in the region will not produce oil for pipeline exports until the issue of overdue payments is resolved according to Norway’s DNO earlier this month, an APIKUR member.
111 words