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ITP Pipeline Restart Appears to Show Little Progress

OIL

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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