Boxing Day on Red Square sets new Guinness recordSport July 23, 8:33
Joseph Dunford says Russia most military capable country of those posing threat to USWorld July 23, 4:57
Russia’s US envoy Kislyak steps down, his deputy to act as Charg d'Affaires ad interimRussian Politics & Diplomacy July 23, 1:33
Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrive in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
LONDON, January 09. /ITAR-TASS/. Oil deliveries from Iraqi Kurdistan to world markets via Turkey will start towards the end of this month, Reuters news agency reported on Thursday.
A Kurdistan autonomy government official said the first consignment of oil, amounting to about two million barrels, would be supplied via a recently inaugurated pipeline to the oil terminal on the Mediterranean coast in the Turkish city of Ceyhan for subsequent export.
According to Iraqi Kurdistan authorities’ estimates, the monthly oil export from the autonomy will grow up to six million barrels by March this year and to about 12 million barrels of oil towards the end of the year.
In November 2013, Turkish Premier Tayyip Erdogan and Nechrivan Barzani, Head of Government of the Iraqi Kurdistan, signed an agreement, under which the autonomy gains the possibility of delivering oil and natural gas to world markets via Turkey.
The oil supplies are a point at issue in the acute dispute between the central government of Iraq and the autonomous Iraqi Kurdistan. Baghdad's view is that only the central government has the right to monitor oil export and sign contracts. However, the Kurds believe that in the supply of oil they have a right to act independently, without contradicting Iraq's constitution.