Yildiz: ISIS at­tacks and Mo­sul sit­u­a­tion did not im­pact Kur­dish oil ex­ports

The Kurdish Globe - - NEWS -

Turk­ish For­eign Min­is­ter Taner Yildiz an­nounced last week that oil ex­ports from Kur­dis­tan Re­gion of Iraq were not im­pacted by the se­cu­rity sit­u­a­tion in Mo­sul and the in­sur­gency by the ex­trem­ist Is­lamic State of Iraq and Syria (ISIS).

“Kur­dis­tan Re­gion’s crude oil ex­ports to the Turk­ish Cey­han port on the Mediter­ranean Sea is con­tin­u­ous and the cur­rent in­sur­gency in Iraq due to the ISIS at­tacks on a num­ber of the Iraqi cities and towns have not neg­a­tively im­pacted the ex­port process,” Min­is­ter Yildiz an­nounced. “Cur­rently Kur­dis­tan Re­gion ex­ports 100 thou­sand bar­rels of crude oil per day via the Kur­dis­tan-Turkey pipe­lines and till now it has shipped two tankers of oil to the world mar­kets.”

Due to the re­cent as­sault by the ISIS fighters on the north­ern prov­inces of Iraq, Iraqi army has lost con­trol over the prov­inces of Ni­nava, Sala­haddin and part of Kirkuk Prov­ince, and the ISIS has now con­trol over a num­ber of oil­fields in these ar­eas. This has led to the rise of a con­cern to neg­a­tively im­pact Iraq’s oil ex­ports.

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