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