News / Middle East

Iraq, Kurds Close to Deal on Oil Exports, Revenue

Turkish Energy Minister Taner Yildiz (L) and his Iraqi Kurdish counterpart Ashti Hawrami hold a press conference in Arbil, the capital of the autonomous Kurdish region in northern Iraq, Dec. 2, 2013.
Turkish Energy Minister Taner Yildiz (L) and his Iraqi Kurdish counterpart Ashti Hawrami hold a press conference in Arbil, the capital of the autonomous Kurdish region in northern Iraq, Dec. 2, 2013.
Reuters
— Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights.
 
Turkish Energy Minister Taner Yildiz said on Tuesday an agreement over oil exports and revenue sharing could be reached this month. Iraqi Oil Minister Abdul Kareem Luaibi shared his optimism.
 
“There are no issues,” Luaibi said at a briefing ahead of an OPEC meeting in Vienna. He said technical, trilateral talks would take place in days to finalize details over revenue sharing and metering.

“There are some meetings that will be held to set the measures.”
 
Luaibi said the central government would retain control over the oil revenue, which would be shared with the Kurds.
 
Yildiz traveled to Baghdad on Sunday and met Iraq's Deputy Prime Minister for energy Hussain al-Shahristani, part of efforts to appease the central government following a multi-billion dollar deal Turkey clinched last week with the Kurdistan Regional Government (KRG).
 
“We have held talks with both Baghdad and Arbil to set up a three-way mechanism. We have had very positive talks,” said Yildiz.
 
“Both the agreements that Turkey has done with the central government and the contracts with northern Iraq are steps that smooth the path of Iraq.”
 
Turkey's energy deals with the Kurdish north of Iraq effectively bypass the central government in Baghdad, which claims sole authority to manage Iraqi oil and says independent Kurdish oil exports would be illegal.
 
Turkey is keen to move the process forward through a three-way mechanism which also includes Baghdad. But the central government might prove hard to persuade, having for years resisted Arbil's moves towards direct exports.
 
“Baghdad is trying to find a solution to this, but doesn't want to lose face either,” said Cuneyt Kazokoglu, Consultant at FGE. “They don't want it to look like this deal happened despite them.”
 
A new pipeline from Kurdistan's Taq Taq oil field is complete and ready to receive flows, the enclave's natural resources minister Ashti Hawrami said on Monday. It is expected to carry around 300,000 barrels per day (bpd) of oil, which Hawrami says will be ramped up towards 1 million bpd by 2015.

You May Like

Reports of Mass Murder on Mediterranean Smuggler’s Boat

Boat sailed from Libya with 750 migrants aboard and arrived in Italy with 569 More

Video New Thailand Hotline Targets Misbehaving Monks

Officials say move aims to restore country’s image of Buddhism, tarnished by recent high profile scandals such as opulent lifestyle, drug and alcohol abuse, as well as child sex abuse More

Study: Dust from Sahara Helped Form Bahama Islands

What does the Sahara have in common with a Caribbean island? Quite a lot, researchers say More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Astronauts Train in Underwater Labi
X
George Putic
July 25, 2014 7:25 PM
In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.
Video

Video Astronauts Train in Underwater Lab

In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.
Video

Video Not Even Monks Spared From Thailand’s Junta-Backed Morality Push

With Thailand’s military government firmly in control after May’s bloodless coup, authorities are carrying out plans they say are aimed at restoring discipline, morality and patriotism to all Thais. The measures include a crackdown on illegal gambling, education reforms to promote students’ moral development, and a new 24-hour phone hotline for citizens to report misbehaving monks. Steve Sandford reports from Bangkok.
Video

Video Virtual Program Teaches Farming Skills

In a fast-changing world beset by unpredictable climate conditions, farmers cannot afford to ignore new technology. Researchers in Australia are developing an online virtual world program to share information about climate change and more sustainable farming techniques for sugar cane growers. As VOA's Zlatica Hoke reports, the idea is to create a wider support network for farmers.
Video

Video Airline Expert: Missile will Show Signature on Debris

The debris field from Malaysia Airlines Flight 17 is spread over a 21-kilometer radius in eastern Ukraine. It is expected to take investigators months to sort through the airplane pieces to learn about the missile that brought down the jetliner and who fired it. VOAs Carolyn Presutti explains how this work will be done.
Video

Video Treatment for Childhood Epilepsy Heats up Medical Marijuana Debate

In the United States, marijuana is classed as an illegal drug by the federal government. But nearly half the states have legalized it, to some degree. Proponents say some strains of marijuana might have exceptional health benefits, for treating pain or inflammation in chronic conditions such as cancer, multiple sclerosis and epilepsy. Shelley Schlender reports on a strain of medical marijuana developed in Colorado that is reputed to reduce seizures in childhood epilepsy
Video

Video Airbus Adds Metal 3D Printed Parts to New Jets

By the end of this year, European aircraft manufacturing consortium Airbus plans to deliver the first of its new, extra-wide-body passenger jets, the A350-XWB. Among other technological innovations, the new plane will also incorporate metal parts made in a 3-D printer. VOA's George Putic has more.
Video

Video AIDS Conference Welcomes Exciting Developments in HIV Treatment, Prevention

Significant strides have been made in recent years toward the treatment and prevention of HIV, the virus that causes AIDS. This year, at the International AIDS Conference, the AIDS community welcomed progress on a new pill that may prevent transmission of the deadly virus. VOA’s Anita Powell reports from Melbourne, Australia.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.

AppleAndroid