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Iraq
Iraq wants control of Kurdish region's oil exports: State firm
2017-11-03
Nothing new about them wanting it, but now they can enforce their desire.
[AlAhram] Iraq wants the Kurdistan region to stop independent crude exports and to hand over sales operations to the Iraqi state-oil marketer SOMO, the company's director said on Thursday.

Iraq is talking to The Sick Man of Europe Turkey
...the only place on the face of the earth that misses the Ottoman Empire....
to allow SOMO to sell the Kurdish crude that arrives by pipeline in Ceyhan, the Ottoman Turkish terminal on the Mediterranean, acting SOMO director general Alaa al-Yasiri told news hounds in Baghdad.

About 530,000 barrels per day (bpd) used to arrive in Ceyhan via the pipeline until mid-October, of which about half came from the Kurdistan Regional Government's oilfields and the rest from Kirkuk,
... a thick stew of Arabs, Turkmen, Kurds, and probably Antarcticans, all of them mutually hostile most of the time...
a disputed province claimed by both the Kurdish region and Iraqi authorities in Baghdad.

Output from Kirkuk fell in mid-October, when Iraqi forces took back control of the northern region's oilfields from Kurdish fighters who had been there since 2014.

Kurdish Peshmerga forces deployed in Kirkuk in 2014, when the Iraqi army fled in the face of an advance by Islamic State
...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allah around with every other sentence, but to hear the pols talk they're not really Moslems....
(IS) murderous Moslems. The Kurdish move prevented the murderous Moslems taking control of the oilfields.

The pipeline carried on average 419,000 bpd in October, down from 600,000 bpd in September, said Farid al-Jadir, the director general of North Oil Company, which operates Kirkuk.

NOC should resume exports from Kirkuk through the Kurdish pipeline this month, after the two sides agree on terms of use, Yasiri said. Kirkuk would also export by tanker trucks about 15,000 bpd to the refinery of Kermanshah in Iran, he added.

Yasiri expected an old pipeline that bypasses most of the Kurdistan region to resume operation in three months.

The pipeline was severely damaged by Islamic State (IS) after it took over djinn-infested Mosul
... the home of a particularly ferocious and hairy djinn...
's Nineveh province in 2014. U.S.-backed Iraqi forces ousted the group from Mosul in July, after a nine-month campaign supported by Kurdish Peshmerga fighters.

Iraq, the second-largest producer of the Organization of the Petroleum Exporting Countries after Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
, supported any future decision by the group to support oil prices, Yasiri said.

OPEC is expected to extend curbs on oil output when it meets in Vienna at the end of month.
Posted by:trailing wife

#2  I don't think anybody informed the Iraqi's about our Shale-oil boom and the actual price of oil. The rubes in Baghdad might find their pockets lighter than expected.
Posted by: Charles   2017-11-03 17:24  

#1  
Posted by: Menhadden Shaling4686   2017-11-03 15:51  

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