Baghdad’s optimistic assertions in recent weeks that a resumption of Kurdistan pipeline oil exports via Turkey was imminent, after being offline nearly two years, have run into cold reality. Key counterparties from the federal government, the KRG and IOCs met twice this week in the Iraqi capital, but major disagreements remain and the outcome is that working committees will now be formed to address various areas of disagreement.
Following the completion of the second meeting on 6 March, the parties plan to reconvene early next week, an attendee tells MEES. (CONTINUED - 1921 WORDS)