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Investors Iraq News
09-02-2014, 08:35 AM
With $100 million cargo, oil tanker vanishes

The US Coast Guard has lost track of a Kurdish tanker carrying $100 million in disputed oil off the coast of Texas. Headed for Galveston, the United Kalavyrvta was anchored at least 60 miles off-shore when it vanished from radar screens. The ship's haul fell under legal dispute when Iraq filed a lawsuit in US courts, urging American officials to grab the ship's oil in Galveston because it belongs to Iraq, not the Kurdish National Government.

Source: IraqDirectory.com (http://www.iraqdirectory.com/en/2014/09/02/27957/with-100-million-cargo-oil-tanker-vanishes.aspx)

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