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Washington confiscates Kurdish oil shipment
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Washington confiscates Kurdish oil shipment
Tuesday, July 29, 2014
Washington confiscates Kurdish oil shipment
[ltr]Baghdad/ Iraq TradeLink: US judge ordered to confiscate a Kurdish oil shipment from a tanker anchored before Texas ports, upon an Iraqi request.[/ltr]
[ltr] Iraq submitted a suit to control the shipment, which was shipped without the permission of the Iraqi government.[/ltr]
[ltr]The unloading company, Offshore Services, requested the court to have the right position before unloading the oil and to determine if the Iraqi request was true and right.[/ltr]
No information was given on the buyer's identity, but the previous shipments were handed to Israel, according to oil sources.
http://www.iraqtradelinknews.com/2014/07/washington-confiscates-kurdish-oil.html
Washington confiscates Kurdish oil shipment
[ltr]Baghdad/ Iraq TradeLink: US judge ordered to confiscate a Kurdish oil shipment from a tanker anchored before Texas ports, upon an Iraqi request.[/ltr]
[ltr] Iraq submitted a suit to control the shipment, which was shipped without the permission of the Iraqi government.[/ltr]
Earlier, a tanker carrying crude oil from Iraqi Kurdish region was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude.
Coast Guard officials went aboard the tanker United Kalavrvta on Sunday and verified the ship and crew's ability to safely offload the oil, a Coast Guard spokesman said.
The ship set sail from the Turkish port of Cyhan in June with a load of crude oil supplied by a new pipeline from the Kurdish oilfields.
Trading sources in Texas, New York, London and Geneva have been unable to identify the buyer of the United Kalavrvta's cargo. The oil could go to any one of the many refineries located along the U.S. Gulf Coast.
The ship carries approximately 1 million barrels of crude, which would fetch more than $100 million at international prices.
Sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, raising questions about Washington's commitment to preventing oil sales from the autonomous region.
The U.S. government has expressed fears that independent oil sales from Kurdistan could contribute to the breakup of Iraq as the government in Baghdad struggles to contain the extremist Islamic State.
The tanker anchored on Saturday night in an area off the port of Galveston, Texas, where ships too large to
transit the Houston Ship Channel offload oil to smaller tankers for delivery to the U.S. mainland.
Washington has pressured companies and governments not to buy crude from the Kurdish Regional Government (KRG), but it has stopped short of banning purchases by U.S. firms.
Baghdad has threatened to sue anyone that buys Kurdish oil.
[ltr]The unloading company, Offshore Services, requested the court to have the right position before unloading the oil and to determine if the Iraqi request was true and right.[/ltr]
No information was given on the buyer's identity, but the previous shipments were handed to Israel, according to oil sources.
http://www.iraqtradelinknews.com/2014/07/washington-confiscates-kurdish-oil.html
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