Northern Iraqi Oil Not Exported Yet, Says Turkish Energy Minister

From Turkish Weekly

Turkey’s energy minister confirmed Monday that northern Iraqi oil has not been exported yet.

Speaking at his meeting with Petroleum Platform Association (PETFORM) at Energy and Natural Resources Ministry, Energy Minister, Taner Yildiz responded to allegations made by some northern Iraqi and Turkish media that around $90 billion of oil has already been exported without seeking Baghdad’s approval.

“Turkey has no plans of making such an export at this moment,” he said.

Yildiz emphasized that Turkey is hoping that Irbil and Baghdad will reach an agreement soon, so that 420-430,000 barrels of oil stored in Ceyhan can be exported.

“We wish more Iraqi oil to be transferred to international markets,” Yildiz said.

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