Iraqi Oil Minister Hayan Abdulghani said this week that oil exports from the Kurdistan Region of Iraq will resume as early as next week, according to local media. Kurdistan’s Minister of Natural Resources Kamal Atroshi was almost as optimistic, telling local news outlet Rudaw that exports will resume in March.
The pipeline delivering crude from Kurdistan fields, as well as Federal Iraq’s northern Kirkuk province, to Turkey’s Ceyhan export terminal on the Mediterranean has been shut-in since March 2023 but recent developments have spurred optimism of the possibility of a near-term restart. (CONTINUED - 310 WORDS)