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View Full Version : Kurdistan Iraq exported the first shipment of heavy oil to the world markets



Hue Mi
01-01-2014, 03:27 AM
13/12/31 21: 23

Kurdistan Iraq exported the first shipment of heavy oil to the world markets (http://www.almasalah.com/ar/news/22082/%D9%83%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%A3%D9%88%D9%84-%D8%B4%D8%AD%D9%86%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%86)

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Baghdad/ follow the Obelisk said dealers and sources in the oil sector, Iraq Kurdistan started exporting heavy crude oil to world markets, in a new step to strengthen its control over the lucrative sector, away from the Central Government in Baghdad.

The sale of raw, heavy, sheikhan carried trucks through Turkey to a carrier such as the export of ore TEQ light via a new pipeline.

The Kurdistan Regional Government began selling oil independently of Baghdad in 2012, initiating operations of oil condensate and ore TEQ, produced by "Genil oil listed on the London Stock Exchange.

And angered those exports Baghdad, which they consider "smuggling".

And talks are under way between the Central Government and Kurdistan, to reach agreement on oil exports and revenue sharing, after Ankara and Erbil package agreements in energy, billions of dollars, at the end of November, including pipelines for gas exploration agreements. The Iraqi oil Minister said that Iraq would regain its control over oil revenues.

Trade sources said the insider, "a company baurtrans, which acts as broker to use Kurdistan to export its oil from Turkey, sold the shipment weighing 30,000 tons of ore sheikhan for download, from the 6th to the 10th of January."

A trade source confirmed that the shipment will be loaded in the port of ROPs in dortyol, Delta on the Bay of Iskenderun.