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Iraq resumes Kurdish oil exports to Turkey after 2-1/2-year halt
- On September 27, Iraq restarted shipments of crude oil from its Kurdistan region to Turkey, ending a hiatus that had lasted more than two and a half years.
- The resumption followed a trilateral deal involving Iraq’s central government, the Kurdistan Regional authorities, and international oil companies, resolving previous legal and technical disagreements.
- Crude oil started flowing at 6 a.m. local time through the Kirkuk-Ceyhan pipeline, with an initial daily volume expected to range from 180,000 to 190,000 barrels destined for Turkey's Ceyhan port.
- Iraq's OPEC delegate Mohammed al-Najjar said the restart could raise exports close to 3.6 million barrels per day, with operations starting smoothly and no technical problems recorded.
- The deal is expected to stabilize relations between Baghdad and Erbil, strengthen national wealth management, and bring economic benefits welcomed by US Secretary of State Marco Rubio.
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Iraq resumes Kurdish oil exports to Turkey after 2-1/2-year halt
Crude oil flowed on Saturday through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the first time in 2-1/2 years, after an interim deal broke a deadlock, Iraq's oil ministry said.
·United Kingdom
Read Full ArticleIraq restarts Kurdistan-Turkey oil pipeline after 2.5 years in landmark deal
BAGHDAD, Sept 27 — Crude oil flowed on today through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the first time in two-and-a-half years, after an interim deal broke the deadlock, Iraq’s oil ministry said.The resumption started at 6 a.m. local time (0300 GMT), according to a statement from the ministry.“Operations started at a rapid pace and with complete smoothness without recording any significant technic…
·Selangor, Malaysia
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Total News Sources55
Leaning Left8Leaning Right5Center5Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 28%
R 28%
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