![]() ![]() "We haven't reached an agreement with the Kurdish side," the Iraqi minister said on Wednesday. ![]() The Iraq-Turkey pipeline had been exporting about 75,000 bpd of federal crude, with the remainder from the KRG.īaghdad and the KRG signed a temporary agreement on April 4 to restart northern oil exports.īut efforts to restart flows face further setbacks as the two governments iron out several aspects of the deal. The ICC ordered Turkey to pay Baghdad damages of $1.5 billion for unauthorised exports by the KRG between 20. The 40 days of stoppage are estimated to have cost the KRG more than $1 billion. Turkey halted Iraq's 450,000 barrels per day (bpd) of northern exports through the Iraq-Turkey pipeline on March 25 after an arbitration ruling by the International Chamber of Commerce (ICC). May 3 (Reuters) - Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) to restart oil export flows from the country's semi-autonomous Kurdistan region within two weeks, Oil Minister Hayan Abdel-Ghani said at a conference in Baghdad on Wednesday. ![]()
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