Oil expert: the Kurdistan region loses $ 20 million a day due to the halt of exports

by **Ssmith** Fri Feb 26, 2016 1:46 pm

Oil expert: the Kurdistan region loses $ 20 million a day due to the halt of exports

2016-02-26 19:47:30 | (Voice of Iraq) - Erbil

Kurdish oil expert stressed that the Kurdistan region loses daily about 20 million dollars due to halt oil exports to the Turkish port of Ceyhan, noting that exports continued to stop would adversely affect the region , which is suffering from a financial crisis.

He Bioar Khansa in an interview with Alsumaria's News, " The export of oil stops from the Kurdistan region through the line connecting to the Turkish port of Ceyhan would negatively affect the imports of the region , " pointing out that the latter "lose about $ 20 million a day because of the export stopped."

Khansa added that "Oil accounts for 95 percent of imports of Kurdistan , " hoping to "resume oil exports , which stopped since February 17 this."

The official spokesman for the Kurdistan Regional Government Sven Dzia announced on Tuesday (February 23, 2016), that the region loses $ 15 million a day because of the Kurdistan oil pipeline inside Turkish territory stopped after recently blown up , pointing out that the ongoing efforts to reform the tube.

According to sources familiar with the line , which carries about 600 thousand barrels per day of crude from the Kurdistan region to the Turkish port of Ceyhan stopped since (February 17, 2016) due to an act of sabotage inside Turkish territory.

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