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Turkey refuses to resume oil exports without Baghdad's consent

2024-02-27 15:19:33

🔹The Oil, Gas and Natural Resources Committee of the Iraqi Parliament, revealed that the contracts signed by the Kurdistan Region with oil companies, are one of the most obvious obstacles to the resumption of oil exports.

🔹Adnan Jabri, a member of the committee said: The reason for not resuming Kurdistan oil exports is due to technical problems, not political problems.
🔹Turkey has refused to export oil without Baghdad's consent.
🔹The parliamentarian told "Maaluma" website that the Turkish side has closed the oil export pipelines to avoid international sanctions, including the decision of the Paris international court of arbitration.
🔹The federal government has not reached a specific agrement with the Kurdistan Regional Government, on the resumption of oil exports.
🔹One of the other obstacles is the economic style that the Kurdistan Regional Government has implemented in contracts with oil extraction and export companies and the difference with the system of the national marketing company "SOMO"
🔹The contracts signed by the Kurdistan Region with foreign oil companies are one of the most obvious obstacles to the resumption of oil to the Turkish port.

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