The Real Reason Why Turkey Is Still Blocking KRG Oil

There has been much excitement in recent days among those who know nothing much worth knowing about the use that the long-running ban on oil sales from the Kurdistan Region of Iraq (KRI) to Turkey may be lifted soon. Supposedly, the government of the Erbil-based semi-autonomous region of Kurdistan (the KRG) and the Baghdad-based Federal Government of Iraq (FGI) have agreed on a new mechanism for oil exports from the Kurdistan Region to the Turkish port of Ceyhan. Under the agreement, 50,000 barrels per day (bpd) will be reserved for domestic use…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com