International Oil Companies Caught in Kurdish Smuggling Web

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 24 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 68%

Kurdistan Nyheter

Oil Smuggling,Iraq,Iran

A Reuters investigation reveals a booming black market for Kurdish oil, with thousands of tanker trucks smuggling crude to Iran and Turkey despite a pipeline closure.

Kurdistan hasn’t been able to export its oil via a pipeline for more than a year now, but crude continues to flow out of the semi-autonomous Iraqi region—on tank trucks to the border with Iran. More than 1,000 such tank trucks are estimated to be transporting at least 200,000 barrels per day bpd of Kurdish oil to Iran and Turkey, a Reuters investigation has found.

The ICC ruled in favor of Iraq, which had argued that Turkey should not allow Kurdish oil exports via the Iraq-Turkey pipeline and the Turkish port of Ceyhan without approval from the federal government of Iraq. Now, only Iraq’s state oil marketing firm SOMO has the right to sell crude oil produced anywhere in Iraq. And it looks like the re-opening of the pipeline to Ceyhan on the Turkish Mediterranean coast is not a priority for politicians in Baghdad.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 34. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Russia Eyes Expansion of Investment in Iranian Oil and Gas SectorRussian oil companies are to undertake a slew of new investments to development Iran's huge oil and gas reserves
Källa: OilandEnergy - 🏆 34. / 68 Läs mer »