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Iraq's Kurdistan region doubles its oil exports
April 24, 2013 03:02 PM Last Updated: 24 Apr 2013 15:02
Doubled the Kurdistan region of Iraq's exports of oil to world markets which are considered illegal Baghdad since the beginning of the year is expected to continue to increase exports from the semi-autonomous region.
According to industry sources, according to CNBC that he be transferred Arab crude and condensate trucked across Iraq's northern border with Turkey pipeline to bypass the Iraqi Federal Trade rose to nearly 60 thousand barrels per day.
It is expected to arrive next month rates to 70 thousand barrels per day, which will require a download of about 350 truck every day.
A source familiar with the operations of Kurdish oil "this list and trade will continue. But the increase was due to transport-related causes - get the necessary types and numbers of trucks and tanks - rather than political. "
The Kurdish crude transported to world markets through a pipeline controlled by Baghdad to Turkey, but the Kurdish exports via that route stopped last year because of a dispute over payments, the central government is still used to transport oil to Turkey.
And represented small amounts of condensate or light oil, the first of direct trade of Kurdistan in October was the first export shipment of crude from Taq Taq field earlier this month.
Market sources said that the German Select Energy bought a second consignment of Taq Taq field is expected to be transported by sea from Turkey next week. Are being offered a third shipment of Taq Taq for delivery in the second week of May.
The issue is currently about third of Kurdistan output of 170 thousand barrels per day of crude oil and 15 thousand barrels per day of condensate.
Can Kurdistan has the capacity to transport larger quantities during the months after the close of business on a new pipeline. The Kurdistan Regional Government of Iraq in connection with the completion of the pipeline in the third quarter to link the Taq Taq oil field current pipeline between Iraq and Turkey.
It is likely that the move paid dispute with Baghdad over payments to the surface and Turkey says it can play an active role in the settlement of the dispute.
The oil is located in the heart of the dispute between the central government and the Kurdistan and Baghdad says it alone Her right to control exports and the signing of agreements, while Kurds say the Iraqi Federal Constitution gives them the right to do so.
She says the Iraqi central government is expected to contribute to Kurdistan, including up to 250 thousand barrels per day of total exports target of Iraq in 2013, amounting to 2.9 million barrels per day.
Kurdistan's government says it is swapping Kurdish oil refined products from a private Turkish company but do not include cash transactions liquid.
The sources said that the Kurdistan sector currently get on kerosene and diesel fuel, and that gasoline will arrive at a later stage>
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April 24, 2013 03:02 PM Last Updated: 24 Apr 2013 15:02
Doubled the Kurdistan region of Iraq's exports of oil to world markets which are considered illegal Baghdad since the beginning of the year is expected to continue to increase exports from the semi-autonomous region.
According to industry sources, according to CNBC that he be transferred Arab crude and condensate trucked across Iraq's northern border with Turkey pipeline to bypass the Iraqi Federal Trade rose to nearly 60 thousand barrels per day.
It is expected to arrive next month rates to 70 thousand barrels per day, which will require a download of about 350 truck every day.
A source familiar with the operations of Kurdish oil "this list and trade will continue. But the increase was due to transport-related causes - get the necessary types and numbers of trucks and tanks - rather than political. "
The Kurdish crude transported to world markets through a pipeline controlled by Baghdad to Turkey, but the Kurdish exports via that route stopped last year because of a dispute over payments, the central government is still used to transport oil to Turkey.
And represented small amounts of condensate or light oil, the first of direct trade of Kurdistan in October was the first export shipment of crude from Taq Taq field earlier this month.
Market sources said that the German Select Energy bought a second consignment of Taq Taq field is expected to be transported by sea from Turkey next week. Are being offered a third shipment of Taq Taq for delivery in the second week of May.
The issue is currently about third of Kurdistan output of 170 thousand barrels per day of crude oil and 15 thousand barrels per day of condensate.
Can Kurdistan has the capacity to transport larger quantities during the months after the close of business on a new pipeline. The Kurdistan Regional Government of Iraq in connection with the completion of the pipeline in the third quarter to link the Taq Taq oil field current pipeline between Iraq and Turkey.
It is likely that the move paid dispute with Baghdad over payments to the surface and Turkey says it can play an active role in the settlement of the dispute.
The oil is located in the heart of the dispute between the central government and the Kurdistan and Baghdad says it alone Her right to control exports and the signing of agreements, while Kurds say the Iraqi Federal Constitution gives them the right to do so.
She says the Iraqi central government is expected to contribute to Kurdistan, including up to 250 thousand barrels per day of total exports target of Iraq in 2013, amounting to 2.9 million barrels per day.
Kurdistan's government says it is swapping Kurdish oil refined products from a private Turkish company but do not include cash transactions liquid.
The sources said that the Kurdistan sector currently get on kerosene and diesel fuel, and that gasoline will arrive at a later stage>
[You must be registered and logged in to see this link.]
