Minister: Kurdish oil exports to Turkey to resume next week January 30, 2013 - 14:39 AMT PanARMENIAN.Net - The natural resources minister of Iraq's autonomous Kurdish region, Ashti Hawrami, said that exports by truck to Turkey should resume next week, Today’s Zaman reported. The minister said the exports will rise to around 20,000 barrels per day (bpd) of crude and 10,000-15,000 bpd of condensate initially. Hawrami said no Kurdish oil has left the autonomous region for a while, as Baghdad had reneged on payments that it was expected to make to operators of oilfields. The Kurdistan Regional Government (KRG) stopped contributing exports to Iraq's pipeline from Kirkuk in the north to the Turkish port of Ceyhan in December. "Currently nothing is going through the main pipeline, and has [not been] for a while," Hawrami told reporters at a conference in London. He added that the exports would begin with a limited amount of condensate - a very light oil - and maybe some crude oil as a top-up. The minister also said that Kurdistan is negotiating with two or three major international companies to operate oilfields and expects to announce the outcome in about a month, in a move likely to further heighten tensions with Baghdad.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |
