Hawrami: Kur­dis­tan-Tur­key Pipe­line to fin­ish in three months

400 000 bpd of oil to be pumped via the new pipe­line by the end of 2013

The Kurdish Globe - - NEWS -

Speak­ing at the Iraq En­ergy Con­fer­ence in Lon­don, Dr. Ashti Hawrami, the Nat­u­ral Re­sources Min­is­ter of the Kur­dis­tan Re­gional Gov­ern­ment (KRG), an­nounced on Wed­nes­day 19 June 2013 that the project to ex­tend an oil pipe­line from the Kur­dis­tan Re­gion to Tur­key will be com­pleted by the end of Septem­ber this year.

Ac­cord­ing to Hawrami, the pipe­line will ini­tially pump 300 thou­sand bar­rels of oil per day, but its ca­pac­ity will rise to 400 thou­sand bar­rels per day af­ter three months.

Hawrami told the con­fer­ence that by 2015, the pipe­line will be able to pump 1 mil­lion bar­rels per day.

The Turk­ish En­ergy Min­is­ter, Taner Yildiz, ver­i­fied the news a day af­ter the an- nounce­ment.

Yildiz made his state­ment at the World Eco­nomic Fo­rum in Saint Peters­burg, Rus­sia, on Thurs­day 20 June.

The Turk­ish Min­is­ter told those present that the oil and gas ex­ported to world mar­kets via Tur­key is very im­por­tant for the econ­omy of Iraq.

Min­is­ter Yildiz fur­ther stated that the busi­ness op­er­a­tions of the Turk­ish oil and en­ergy com­pa­nies in the Kur­dis­tan Re­gion are com­pletely le­gal, and that th­ese com­pa­nies are cur­rently im­ple­ment­ing a num­ber of oil and gas projects in the Re­gion.

Oil is con­sid­ered one of the main sources of dis­agree­ment be­tween the Kur­dis­tan Re­gional Gov­ern­ment and the Cen­tral Gov­ern­ment of Iraq. The com­ple­tion of the pipe­line and the ex­port of oil di­rectly to Tur­key will clearly lead to still greater ten­sion with Bagh­dad, given that it will grant the Kur­dis­tan Re­gion a high level of eco­nomic in­de­pen­dence and bring the Kurds closer to in­de­pen­dence than ever be­fore.

The Kur­dish Nat­u­ral Re­sources Min­is­ter also stated that if the is­sues be­tween Er­bil and Bagh­dad are solved ac­cord­ing to the per­ma­nent con­sti­tu­tion, Er­bil may re­sume ex­port­ing oil through Bagh­dad-con­trolled pipe­lines.

Hawrami ar­gues that the com­ple­tion of the pipe­line be­tween Kur­dis­tan and Tur­key will im­pact pos­i­tively on the Iraqi econ­omy, since the rev­enues gen­er­ated by the sale of oil through the pipe­line will be shared among all Iraqis.

The Kur­dish of­fi­cial also said that the re­gional and cen­tral gov­ern­ments had yet to reach an agree­ment on the pay­ment of fees to oil producers work­ing in the Kur­dis­tan Re­gion.

“The is­sue of the non-pay­ment of the oil com­pa­nies in Kur­dis­tan has not been dis­cussed dur­ing the meet­ings be­tween the Re­gion and Bagh­dad,” Hawrami said dur­ing his ad­dress to the con­fer­ence in Lon­don. “The pri­mary is­sue be­tween Kur­dis­tan and Bagh­dad is the Iraqi con­sti­tu­tion.”

The Kur­dish gov­ern­ment is plan­ning to ex­port oil and gas to Tur­key and Europe when pro­duc­tion meets do­mes­tic de­mand.

“We will be in a po­si­tion to ex­port gas to Tur­key in 2016.”

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