The long-running dispute over oil exports between the Kurdistan Regional Government and Iraqi federal leadership in Baghdad rattles on, with Turkey becoming increasingly vocal. Iraqi officials have yet to cement a national oil law that would standardize regulations covering exports and revenue distribution from oil shipped via pipeline from Iraqi Kurdistan to Turkey, where it… Keep reading →
Kurdistan Region of Iraq
Energy Quote of the Day: ‘We Would be in a Position to Send this Oil to World Markets’
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We will never sell or share your information without your consent. See our privacy policy.An oil export agreement between Iraqi Kurdistan and central government leadership in Baghdad is expected in days according to reports. The two sides have been meeting at a conference in Turkey. A new pipeline is being constructed that is expected to transport 1 million barrels of oil per day from Kurdistan to Turkey for export… Keep reading →
Sakhalin Energy, the consortium that operates the Sakhalin II LNG project in Russia, is seeking higher prices for LNG sales from Korea’s Kogas, the world’s largest LNG buyer, sources have told Bloomberg. The contract is linked to Brent crude prices, which have risen substantially since it was signed eight years ago. The article indicates that Kogas… Keep reading →