Oil exports of northern Iraq since Jan hit $2 billion, says Turkey’s Energy Minister

Turkish Energy Minister Taner Yildiz
Turkish Energy Minister Taner Yildiz

( On Monday, Turkey’s Energy Minister Taner Yildiz stated that, Turkish tankers are filled with Iraqi oil, and Iraq has exported 2$ billion worth oil since Jan 9.

During his speech at the 7th International Energy Congress and Fair in Ankara, Yildiz said, “Turkey receives oil via pipelines and then loads it onto tankers in the southern city of Ceyhan. We have 35 tankers filled with oil crude from northern Iraq.” He added, “Iraq’s oil exports from northern Iraq has reached 27 million barrels since Jan 9. Iraq, in total, owns $100 billion worth oil and gas, and this amount would triple during crisis.”

Noteworthy, the regional government of Kurdistan began selling oil independently amid prohibition from the central government because the federal government refused to share the revenue of its oil exports.

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