Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Kurdish oil contracts made on international commercial market basis
by Daniel J. Graeber
Erbil, Iraq (UPI) Jun 20, 2013


disclaimer: image is for illustration purposes only

The semiautonomous Kurdish government in northern Iraq said it's delivering oil to its customers under contracts that are commercially viable.

Two vessels loaded with oil from the Kurdish north of Iraq have left the Turkish port of Ceyhan in recent weeks. The export is a source of contention between the federal government in Baghdad, which says unilateral Kurdish action is illegal, and the Kurdistan Regional Government, which says it's operating according to the rule of law.

The KRG issued a statement Thursday saying it's selling its oil through a pipeline system to Ceyhan on an international commercial market basis.

"The KRG has been able to deliver oil to its customers under commercially viable contracts, and all payments are being made into the KRG's account in Turkey," the Kurdish Ministry of Natural Resources stated. "Export volumes are expected to double within the next weeks."

The U.S. government, which is reviewing how best to help Iraq deal with a growing insurgency, said it opposed the sale of Kurdish oil absent Baghdad's consent.

The KRG accused the federal State Oil Marketing Organization of having an "illegal monopoly over Iraq's oil sales."

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
China to relocate some workers in oil supplier Iraq: ministry
Beijing (AFP) June 19, 2014
China is to relocate some workers in Iraq - where it is the biggest foreign investor in the oil industry - in the face of spreading violence, the foreign ministry said Thursday. Militants from the jihadist group the Islamic State of Iraq and the Levant (ISIL) have captured vast amounts of Iraqi territory in a lightning offensive that is entering its second week, prompting major internation ... read more


OIL AND GAS
3D Printers for Home-Use to Generate Hardware and Material Spending

NIST technique could make sub-wavelength images at radio frequencies

Crowdsourcing the phase problem

New digital fabrication technique creates interlocking 3D-printed ceramic PolyBricks

OIL AND GAS
Exelis enhancing communications for NATO country

Chemring integrates new system with Resolve

Northrop Grumman Receives Funding for Electronic Warfare Systems for US Army and Navy

UK Connects with Allied Protected Communication Satellites

OIL AND GAS
US not able yet to remove dependency on Russian rocket motors

Nasa readies satellite to measure atmospheric CO2

Russian Soyuz-2.1b rocket to undergo final testing

Lie detector exposes sabotage of Proton-M booster

OIL AND GAS
Soyuz Rocket puts Russian GLONASS-M navigation satellite into orbit

Russia may join forces with China to compete with US, European satnavs

Russia Says GLONASS Accuracy Could Be Boosted to Two Feet

Northrop Grumman tapped for new miniature navigation system

OIL AND GAS
Marines receive aerial refueling tanker that can be used as gunship

Britain spotlights CH-47 procurement

NASA Aeronautics Makes Strides to Bring Back Supersonic Passenger Travel

Pentagon temporarily grounds F-35 fighter jets

OIL AND GAS
Swell new sensors

Quantum computation: Fragile yet error-free

Chemical Sensor on a Chip

Contextuality puts the 'magic' in quantum computing

OIL AND GAS
China put FY-3C into operation to improve earth observation

SpyMeSat Mobile App Now Offers High Resolution Satellite Imagery

US Dept of Commerce Relaxes Resolution Restrictions on DigitalGlobe

Google buys satellite imaging firm for $500 mn

OIL AND GAS
China official blasted for blaming lead poisoning on pencils

China pollution arrests rise as Beijing pushes green agenda

Chinese conservation group builds pollution monitoring app

Pollution-ridden Bangladesh unveils green tax in budget




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.