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Kurdistan announces plans to build second oil pipeline to Turkey

World 鶹ýӳ,


Kurdistan Regional Government (KRG) plans to build a second oil pipeline to Turkey, having just completed the first pipeline to carry oil out of the Kurdish region of northern Iraq to Turkey.

The 1 million bpd oil pipeline to Turkey鶹ýӳs Ceyhan port will provide an export link that bypasses Baghdad and Iraq鶹ýӳs existing network, connecting the region鶹ýӳs oil and gas to Turkey and the world market.

Ashti Hawrami, KRG鶹ýӳs Natural Resources Minister, said Kurdistan would monitor its crude oil exports independently of the central government in Baghdad once a new pipeline to Turkey is opened, and said that line would link to the existing Kirkuk-Ceyhan pipeline and make use of its spare capacity.

Kurdistan鶹ýӳs push for independence
Ashti Hawrami told reporters at a recent energy conference in Istanbul, 鶹ýӳBetween 18 months to two years from now the pipeline from our region to Ceyhan will be ready.鶹ýӳ Hawrami added, 鶹ýӳOil and gas exports are not the monopoly of anyone in Baghdad. It is our duty to pursue oil and gas routed independently鶹ýӳTurkey has been the quickest to recognise the new realities of the region.鶹ýӳ

Opposition
The Iraqi Government has opposed the pipeline and most of Kurdistan鶹ýӳs oil deal with foreign companies, fearing that economic independence will break up the three northern provinces and set them towards a possible independent state.

Hussein Shahristani, Iraq鶹ýӳs Deputy Prime Minister for Energy Affairs said, 鶹ýӳThe Iraqi Government strongly opposes Kurdistan鶹ýӳs independent plans to build oil pipelines into Turkey.鶹ýӳ He added, 鶹ýӳTurkey is aware of Iraq鶹ýӳs concern and absolute rejection of that plan鶹ýӳ.

Edited from various sources by

Read the article online at: /business-news/04112013/kurdistan-_announces_plans_to_build_second_oil_pipeline_to_turkey/

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