N.Iraq oil trade with Turkey resumes via oil trucks

Turkish energy minister stated that oil trade resumed from Iraq to Turkey via oil trucks.

N.Iraq oil trade with Turkey resumes via oil trucks

World Bulletin / News Desk

Turkish Energy and Natural Resources Minister Taner Yildiz on Thursday announced that oil trade resumed from Iraq to Turkey via oil trucks.

Yildiz responded to the questions of the journalists following Turkish Petroleum Corporation's (TPAO) and Shell's signing of a cooperation agreement on oil exploration.

Asked whether oil trade from northern Iraq had re-started, Yildiz said, "Oil trade by trucks has resumed from northern Iraq by taking the sensitivity of the Iraqi government into consideration."

Stating that there were approximately 3.5 million tonnes of Iraqi oil in the international market and Turkish Petroleum Refineries Corp. (TUPRAS) was also purchasing oil from Iraqi State Organization for Marketing of Oil (SOMO), Yildiz said, "At the moment we are meeting a significant part of Turkey's oil need from the Iraqi government. At the same time, we have four oil wells bought by a 25 million dollar consortium in southern Iraq.

TPAO has around 5.5 million dollars share in this. TPAO will contribute to the normalization of Iraq by spending this money. These works will continue in all parts of Iraq because Iraq is a whole. We have to speak in regards to the whole of Iraq. If you do work in the north and not in the south, then you would be discriminative."

 

 

Last Mod: 14 Şubat 2013, 15:09
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