Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Iraq to punish Turkey, Kurds over 'smuggled' oil exports: Minister
Hurriyet Daily News (Turkey) ^ | January/17/2014

Posted on 01/17/2014 12:53:01 PM PST by DeaconBenjamin

Iraq will take legal and other measures to punish Turkey and Iraqi Kurdistan, as well as foreign companies, for any involvement in Kurdish exports of “smuggled” oil without Baghdad’s consent, the oil minister said on Jan. 17.

Abdul Kareem Luaibi told reporters the government was preparing legal action against Ankara and would blacklist any companies dealing with oil piped to Turkey from Iraq’s autonomous northern region without permission from Baghdad. The Kurdistan Regional Government said last week that crude had begun to flow through the pipeline, and exports were on track to start at the end of January, inviting bidders to register with the Kurdistan Oil Marketing Organisation.

Luaibi said it was not in Turkey’s interest to jeopardise bilateral trade worth $12 billion a year, saying Baghdad would consider boycotting all Turkish companies and cancelling contracts with Turkish firms if the oil exports went ahead.

Turkey has been saying it sides with a peaceful soluiton to be reached by Baghdad and Arbil, asserting it has no interest in interfering Iraqi governments’ business.

“We will not be engaged in a business violating the [Iraqi] Constitution. We would not [act in violation] of Iraq’s integrity and sovereignty,” Turkish Energy Minister Taner Yıldız said on Jan. 14, a few days after Baghdad’s vocal warning to Ankara and Arbil .

“The Iraqi government holds Turkey legally responsible on this subject and reserves the right to demand resultant losses,” Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani said.

In an interview with Reuters on Jan. 12, Iraqi Prime Minister Nouri al-Maliki threatened to cut the Kurdish region’s 17 percent share of the federal budget if exports via the pipeline went ahead without central government consent.

A draft budget drafted by Baghdad requires the Kurds to export 400,000 barrels per day (bpd), well above the region’s current export capacity, and says Baghdad will deduct any shortfall from the 17 percent share of state revenues to which they are entitled.

Luaibi also said Jan. 17 the Finance Ministry had been told to calculate how much should be deducted from Iraqi Kurdistan’s 17 percent share of the federal budget if the region failed to meet a government-set export target.

Preparations were under way, Luaibi said, “to raise a lawsuit against the Turkish government for allowing Kurdistan to pump oil through the export pipeline without the approval of the Iraqi central government, which represents ... a clear violation of the agreement signed between the two countries ... governing the export of Iraqi oil through Turkey.”


TOPICS: Business/Economy; Foreign Affairs; Government; War on Terror
KEYWORDS:

1 posted on 01/17/2014 12:53:01 PM PST by DeaconBenjamin
[ Post Reply | Private Reply | View Replies]

To: DeaconBenjamin

Great. Now that Maliki has the Sunnis at war with him he is creating another enemy with the Kurds.


2 posted on 01/17/2014 12:58:16 PM PST by colorado tanker
[ Post Reply | Private Reply | To 1 | View Replies]

To: DeaconBenjamin

It is all about the taxes


3 posted on 01/17/2014 1:13:09 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson