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Iraq’s Northern Field Crude Exports Unlikely To Start Saturday

OIL

Turkey is unlikely to accept a request from the Iraqi federal government to resume oil exports through the Turkish port of Ceyhan on Saturday according to a Turkish official familiar with the matter.

  • Iraq’s oil minister, Ihsan Abdul Jabbar, said previously he expected crude oil exports from Iraq’s northern fields to resume on Saturday, even though he has not yet received an answer from Turkey to its request to restart flows.
  • Turkey halted pipeline flows from Iraq’s northern fields via Ceyhan on 25 March, removing around 470kbpd of crude oil from the export market.

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