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Iraq Calls for Meeting to Discuss Oil Exports from Kurdistan

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Iraq’s federal oil ministry called International Oil Companies working in Kurdistan and the natural resources ministry for a meeting in Baghdad as early as possible to discuss resuming oil exports via Ceyhan, Turkey, the ministry said, cited by Bloomberg.

  • The ministry is looking to reach an agreement and accelerate the return of pipeline exports via Ceyhan.
  • The ITP pipeline which exports oil from Iraq’s Kurdistan to the port of Ceyhan Turkey has been closed since
  • Turkey shut the pipeline in March 2023 following an arbitration ruling in March ordering Turkey to pay damages to Iraq due to unauthorised exports in previous years.
  • It has led to a drop in around 470k b/d of exports from the Kurdistan region.
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Iraq’s federal oil ministry called International Oil Companies working in Kurdistan and the natural resources ministry for a meeting in Baghdad as early as possible to discuss resuming oil exports via Ceyhan, Turkey, the ministry said, cited by Bloomberg.

  • The ministry is looking to reach an agreement and accelerate the return of pipeline exports via Ceyhan.
  • The ITP pipeline which exports oil from Iraq’s Kurdistan to the port of Ceyhan Turkey has been closed since
  • Turkey shut the pipeline in March 2023 following an arbitration ruling in March ordering Turkey to pay damages to Iraq due to unauthorised exports in previous years.
  • It has led to a drop in around 470k b/d of exports from the Kurdistan region.