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ITP Pipeline Restart Appears to Show Little Progress

OIL
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The return of oil exports from Kurdistan to Turkey via the ITP pipeline are still undergoing negotiations according to an Iraqi official.

  • “There’s no specific time frame to resolve negotiations with foreign oil companies in the region,” government spokesman Bassem Al-Awadi said.
  • “Turkey is ready to receive Iraqi oil from Kurdistan fields and there’s no issue exporting via Ceyhan,” he said.
  • Iraq’s government and oil companies working in the country’s north have previously blamed each other for delays in resuming the pipeline.
  • The pipeline has faced numerous false starts with no expectations for the situation to be resolved in the short term.
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The return of oil exports from Kurdistan to Turkey via the ITP pipeline are still undergoing negotiations according to an Iraqi official.

  • “There’s no specific time frame to resolve negotiations with foreign oil companies in the region,” government spokesman Bassem Al-Awadi said.
  • “Turkey is ready to receive Iraqi oil from Kurdistan fields and there’s no issue exporting via Ceyhan,” he said.
  • Iraq’s government and oil companies working in the country’s north have previously blamed each other for delays in resuming the pipeline.
  • The pipeline has faced numerous false starts with no expectations for the situation to be resolved in the short term.