“The seventh tanker has been loaded and its delivery has been completed,” the minister said, answering reporters’ questions after hosting Turkey’s Union of Marble, Natural Stıne and Machinery Manufacturers (TUMMER) in Ankara on Aug. 18.
The minister has said a total of 7.8 million barrels of oil has been exported from Kurdish Regional Government-controlled northern Iraq.
However, he said, the deliveries have been halted “due to some works being done regarding the piping systems.”
Around $350 million in oil sales have been completed or are under way from shipments sent via the KRG’s new pipeline to Turkey, a Reuters analysis of satellite tracking data shows. The first vessel of pipeline crude sailed in May.
Asked about the Islamic State in Iraq and the Levant’s (ISIL) increasing control over oil fields in Iraq, Yıldız said Turkey was continuing to see the Iraqi authorities as the sole addressee in the country.
“ISIL is not our addressee in any matters. We do our studies regarding the energy sector in this way,” he said.
“It is at the issue for some fields and blocs changing hands. There is a serious political instability, but this doesn’t change our perspective,” he added.
He also re-asserted the income yielded from the Kurdish oil sales would be shared among the central Iraqi government in Baghdad and the Kurdish government in Arbil, in compliance with the Iraqi Constitution.
The KRG oil cargoes are coming under greater scrutiny after Iraq won a U.S. court order 10 days ago to seize a 1 million-barrel shipment that arrived in the Gulf of Mexico. Several cargoes of Kurdish Shaikan crude have recently reached the United States, and Iraq’s central government has moved to block independent exports of crude by the KRG.
http://www.hurriyetdailynews.com/kurdish-oil-sales-via-turkey-reach-65-million-barrels-turkish-energy-minister-says.aspx?pageID=238&nID=70571&NewsCatID=348
18/8/14
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A seventh tanker filled with northern Iraqi oil has departed from the southeastern Turkish port of Ceyhan, Turkish Energy Minister Taner Yildiz announced on Monday.....
ReplyDeleteThis brings the number of barrels of oil transferred via pipelines from Iraq to Turkey to 7.8 million.
Relations between Irbil and Baghdad have been strained by disputes over the sale of northern Iraqi oil through Turkey. Turkey and the KRG have stated that the flow of northern Iraqi oil to international markets would continue despite Iraq's appeal for international arbitration demanding an immediate halt to the sales.
"Oil flow stopped from Iraq temporarily for repairs, but within a few days oil could be pumped up to Turkey again," Yildiz said during a press conference in Ankara.
"Both private and public agreements with Iraq continue. We transfer Iraqi oil and the income will be shared as Iraqi constitution establishes."
Yildiz did not clarify neither the buyer's idendity nor the destination of the oil tanker.
Oil export from the northern Iraqi regional government to Turkey's Ceyhan port started on May 22 and Turkey has transferred 6.5 million barrels of Iraq oil to international markets.
The total storage capacity of Ceyhan is about 2.5 million barrels and Turkish officials say they have to load the oil when the facilities reach full capacity.
The northern Iraqi oil flows through a KRG-built-pipeline, which connects Iraq to the Turkish pipeline at the Turkish border, and it is sold through Turkey's Mediterranean port of Ceyhan.
There has been seven shipments of nothern Iraqi oil from the port of Ceyhan so far, and only one of the tankers had been able to deliver its cargo to the buyer.
Turkish and Kurdish officials have denied identifying the buyer but the revenue of this sale, USD 93 million, has been deposited at Halk Bank, a Turkish lender.
The Turkish energy minister declared that all revenues of the sales will be kept for both Kurdish and Iraqi governments, of which the Kurdish side will recieve at least 17 percent according to the Iraqi constitution.
The United Kalavrvta tanker, which is carrying a $100-million cargo of oil shipped from northern Iraq to USA, was barred from discharging its cargo to a port in Texas upon a US court decision late July. The ship still awaits off the coast of Texas in Gulf of Mexico without delivering its cargo............................http://www.aa.com.tr/en/news/375282--seventh-tanker-filled-with-northern-iraqi-oil-departs-turkey-energy-min
18/8/14
Turkish Energy Minister Taner Yıldız has said he will visit Baghdad on Jan. 18 to discuss new projects with Iraqi ministers...
ReplyDeleteIn a press conference on Jan. 14, Yıldız said they will discuss the development of pipelines from the southern province of Basra to northern Iraq. The project will connect the Yumurtalık oil pipeline to the Kirkuk pipeline in the Kirkuk province of the Kurdistan Regional Government (KRG).
“We will also discuss the Arbil-Baghdad agreement. We hope they will reach agreements on most points. Once both sides reach an agreement, Iraq will move forward in terms of stability,” he said.
He also revealed that the 46th shipment of Kurdish oil has been loaded in Turkey and exported to world markets.
“The total of exports of Kurdish oil to Turkey has reached 37 million barrels. Some 450,000 barrels are exported to Turkey daily. We are working to increase this volume to 550,000 barrels per day,” he noted.
http://www.hurriyetdailynews.com/turkish-energy-minister-to-visit-iraq-to-discuss-new-projects-.aspx?pageID=238&nID=77040&NewsCatID=348
16/1/15