Dubai: Plans to resume oil exports from Iraqi Kurdistan are on hold due to ongoing repair work on a pipeline running from the Kirkuk oil fields to Turkey.
Kurdistan said last month it would begin exporting 100,000 barrels per day from April 1 through Iraq’s official pipeline network as a “gesture of goodwill” to ease a dispute with the federal government in Baghdad.
But the Kurdistan Regional Government said the federal Oil Ministry had advised that it was “not yet ready” to receive any crude because of damage to the pipeline from Kirkuk to the Turkish port of Ceyhan, which has been repeatedly sabotaged over the past year. [02/04/14]
