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Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

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Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

Post  claud39 on Fri Nov 16, 2018 7:48 am

http://economy-news.net/content.php?id=14394



 Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk


 11/16/2018











Economy News Baghdad:

The Ministry of Oil, on Friday, the central government reached a "tentative" agreement with the Kurdistan government to resume export from the fields of Kirkuk via the pipeline to the Turkish port of Ceyhan .
The ministry spokesman Asim Jihad, in a press statement received by "Economy News", "The federal government and the Kurdistan region reached a preliminary agreement provides for the resumption of oil exports from the fields of Kirkuk ."
He explained that the agreement "provides for the export of oil from Kirkuk fields to the Turkish port of Ceyhan through the pipeline passing from the region, and at a rate of 50-100 thousand barrels per day ."
Jihad pointed out that "the export and marketing of this quantity will be through the Iraqi oil marketing company Sumo."

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Re: Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

Post  claud39 on Fri Nov 16, 2018 8:09 am

http://economy-news.net/content.php?id=14391


Oil to resume export of Kirkuk crude after a halt lasted more than a year


16/11/2018





Economy News Baghdad:

Oil sources said on Friday that Iraq resumed its exports of Kirkuk oil after it stopped more than a year ago amid a dispute between the central government in Baghdad and the Kurdistan region .
The flows resumed on Friday at an average level of 50-60,000 bpd compared to peak levels of 300,000 bpd in some 2017 months, the sources said in an interview with Reuters. "It is not clear when and to what extent these supplies will increase .

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Re: Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

Post  claud39 on Fri Nov 16, 2018 11:36 am

http://www.shafaaq.com/ar/Ar_NewsReader/f20f1160-b832-4dab-ac7d-1e58695158da

[size=32]Washington  depends on the Baghdad agreement with Arbil to resume the export of Kirkuk oil[/size]




















US President George W. Bush's envoy to the international anti-coalition coalition urged in Iraq and Syria on Friday he was satisfied that Baghdad and Erbil had reached an agreement to resume export of Kirkuk oil to Turkey.

McGrawk said in a statement to the social networking sites "Twitter" today, " an excellent news from Baghdad on the resumption of oil exports from Kirkuk to Ceyhan and global markets under a new arrangement was negotiated between the Government of Iraq and the Kurdistan Regional Government," saying that "a remarkable progress "He said.

The Ministry of Oil has announced the arrival of the federal government and the Kurdistan Region to a preliminary agreement provides for the resumption of export of oil from the fields of Kirkuk via the pipeline to the Turkish port of Ceyhan.
The ministry spokesman Assem Jihad said in an interview with the twilight news that the agreement provides for the export of oil from the fields of Kirkuk to the Turkish port of Ceyhan through the pipeline passing from the region, at a rate of 50-100 thousand barrels per day.
He added that the export and marketing of this quantity through the Iraqi Oil Marketing Company "Sumo".
Exports from Kirkuk have been expected since October 2017, when the Iraqi government forces seized control of Kirkuk from the Kurdish authorities, in response to the organization of a referendum on the independence of the Kurdistan Region.
Kurds seized control of Kirkuk and its oil fields after the fighters expelled the organization «Da'ash» Iraqi army from the region in 2014, and then expelled Kurdish forces fighters of the organization later. 
Iraqi oil fields in the disputed Kirkuk area gained new importance after the United States re-imposed sanctions on Iran. Washington is pressing Baghdad to resume exports, which were suspended last year. 
Iraq aims to increase its export capacity to 8.5 million barrels per day in the coming years, from less than 5 million barrels per day now, one million barrels may come from Kirkuk, but the process of appeal complex.
The suspension of exports from Kirkuk delayed the flow of about 300 thousand barrels per day from Iraq towards Turkey and global markets, causing a loss of revenues of about 8 billion dollars since the suspension last year. Most of Iraq's exports come from southern fields, but Kirkuk is one of the largest and oldest oil fields in the Middle East, with recoverable oil estimated at 9 billion barrels.
The United States is also considering Kirkuk as an option to help offset the global oil shortage caused by its sanctions against Iran, which bans the import of Iranian oil. The United States is pressing Baghdad to suspend all shipments of oil from Iran and resume pumping from Kirkuk to Turkey, according to sources in the sector.
He destroyed the pipeline that Baghdad had previously used for export through Turkey, to maintain only one pipeline at work, which was built and operated by the Kurds. The Iraqi government has to use the pipeline or build a new pipeline, and is considering both options
On paper, Baghdad controls Kirkuk oil flows, but if Iraq decides to use the Kurdish pipeline to export oil, it will need to negotiate.

 




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Re: Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

Post  claud39 on Fri Nov 16, 2018 11:41 am

http://www.shafaaq.com/ar/Ar_NewsReader/32684612-7d6f-4e31-9482-e04c61c6928c

[size=32]US says his country encouraged Baghdad and Erbil to resume the export of Kirkuk oil[/size]














Twilight News / US National Security Adviser John Bolton said on Friday that his country encouraged the agreement between the federal government and the Kurdistan Regional Government to resume the export of oil from the province of Kirkuk fields disputed between Arbil and Baghdad.

Bolton said today that the agreement between the Kurdistan Regional Government and the Iraqi government was encouraged to partially resume Kirkuk oil exports.

"This agreement is a promising first step to return to the 2017 levels of Kirkuk oil exports," he said. "The lost revenues can serve the Iraqi people.




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Re: Oil reveals an agreement with Kurdistan to resume export from the fields of Kirkuk

Post  claud39 on Sat Nov 17, 2018 8:54 am

https://www.almaalomah.com/2018/11/17/364966/

Democrat reveals the details of the US role on the oil export agreement of Jihan




17/11/2018








Information / Baghdad ...
The Kurdistan Democratic Party (KDP) announced on Saturday the details of the oil deal between Baghdad and Erbil on the export of oil from the Kurdistan region to the Turkish port of Ceyhan, pointing out that the American side had a key role in the agreement to compensate oil shortage after the US sanctions against Iran.
"The United States played a key role in putting pressure on Arbil and Baghdad on the agreement to export Kirkuk oil through the Kurdistan region and then the Turkish port of Ceyhan," said Majid Shankali, the leader of the party. Oil workers after the severe shortage in recent times due to the imposition of the US embargo on Iranian oil. "
"The United States is seeking to activate production in the joint fields between Iraq and Kuwait to compensate for that loss as well as activate the export of the common rights between Saudi Arabia and Kuwait," Shankali said.
He explained that "the oil agreement between Baghdad and Erbil provides for the export of 100 thousand barrels per day can be increased to about 500 thousand barrels," adding that "the understanding between the parties is the first positive point in finding a good understanding between the two sides."

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