Test flows in Iraqi Kurdistan's new crude oil pipeline via Turkey started on Friday, but no exports have yet been scheduled, Reuters cited energy sources close to the matter as saying on Saturday. Turkey and Iraqi Kurdistan signed a multi-billion-dollar energy package in late November, infuriating Baghdad which claims sole authority over oil exports and is wary of any move that could extend political autonomy in the region. Turkey has lobbied hard to have Baghdad, which claims any oil deals the Kurdistan Regional Government (KRG) has signed are illegal, on board but so far the central government has not shown any signs of stepping back.
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OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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