MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Turkey Wants To Negotiate Iraq Payment Before Oil Exports Resume

OIL

Iraq’s northern oil exports to Turkey have not yet resumed because Turkey wants to negotiate with Iraq a settlement that it’s been ordered to pay, according to two Turkish officials familiar with the situation.

  • Turkey halted flows of around 450kbpd via a pipeline from Iraq’s Kirkuk fields to Turkey’s Ceyhan port on 25 March.
  • Iraq’s federal government and the KRG signed a temporary agreement on Tuesday to restart northern oil exports through Turkey. It hoped that exports would restart shortly after.
  • The Turkish officials refused to elaborate on whether the country is seeking to reduce the compensation or determine a mechanism for how to make the payments. The Kurdistan Regional Government has said it would be able to restart supplies this week, but any negotiations could hold up the process.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.