• 4 hours Midwestern Refiners Seek Canadian Oil To Expand Output
  • 9 hours UK On Track To Approve Construction of “Mini” Nuclear Reactors
  • 13 hours LNG Glut To Continue Into 2020s, IEA Says
  • 15 hours Oil Nears $52 With Record OPEC Deal Compliance
  • 18 hours Saudi Aramco CEO Affirms IPO On Track For H2 2018
  • 20 hours Canadia Ltd. Returns To Sudan For First Time Since Oil Price Crash
  • 21 hours Syrian Rebel Group Takes Over Oil Field From IS
  • 3 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 3 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 4 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 4 days Schlumberger Warns Of Moderating Investment In North America
  • 4 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 4 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 4 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 4 days New Video Game Targets Oil Infrastructure
  • 4 days Shell Restarts Bonny Light Exports
  • 4 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 4 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 4 days British Utility Companies Brace For Major Reforms
  • 5 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 5 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 5 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 5 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 5 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 5 days Rosneft Signs $400M Deal With Kurdistan
  • 5 days Kinder Morgan Warns About Trans Mountain Delays
  • 5 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 5 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 6 days Russia, Saudis Team Up To Boost Fracking Tech
  • 6 days Conflicting News Spurs Doubt On Aramco IPO
  • 6 days Exxon Starts Production At New Refinery In Texas
  • 6 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 7 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 7 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 7 days China To Take 5% Of Rosneft’s Output In New Deal
  • 7 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 7 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 7 days VW Fails To Secure Critical Commodity For EVs
  • 7 days Enbridge Pipeline Expansion Finally Approved
  • 7 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
Alt Text

Europe Stands Divided On Gazprom’s Nord Stream 2 Pipeline

Gazprom’s Nord Stream 2 megaproject…

Alt Text

OPEC Looks To Permanently Expand The Cartel

OPEC Secretary General Mohamed Barkindo…

Alt Text

How OPEC Continues To Cheat On Its Own Deal

OPEC oil production has once…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as iNVEZZ and…

More Info

Erdogan Threatens To Cut Off Kurdish Oil Exports

Erdogan

Turkey could cut off the crude oil flow from the northern Iraqi region of Kurdistan, Turkish President Recep Tayyip Erdogan said on Monday, putting further pressure on Kurdistan over what Ankara sees as an illegitimate separatist vote.

Turkey—which is vehemently opposing today’s referendum on independence from Iraq that the Kurdistan Regional Government (KRG) has called—is crucial to Kurdistan’s oil exports to the world, because most Kurdish oil is moved through a pipeline to the Turkish port of Ceyhan.

Turkey has the largest Kurdish population in the region and sees the referendum as a serious matter for its own security. Iraq and Iran are also strongly opposing the Kurdish referendum. So are the U.S. and Western European powers, who have called for the vote to be canceled because it could further destabilize the region and distract from efforts to defeat ISIS.

The referendum is proceeding, and the President of the Kurdistan Region, Masoud Barzani, tweeted that he had voted.

(Click to enlarge) 

Turkey’s Erdogan did not say that he had definitively decided to cut off the oil exports of Kurdistan, but made clear that the option was on the table, according to Reuters.

“After this, let’s see through which channels the northern Iraqi regional government will send its oil, or where it will sell it…We have the tap. The moment we close the tap, then it’s done,” Erdogan said, as quoted by Reuters. Related: U.S. Shale’s Most Productive Play May Peak By 2021

Earlier today, Turkey’s Prime Minister Binali Yildirim said that his country would not recognize the outcome of the Kurdish referendum, and could take punitive measures against the KRG, evaluating measures concerning border gates and air space.

According to shipping sources who spoke to Reuters, the oil flow from Kurdistan via Ceyhan was transiting as normal as of Monday morning local time. On Sunday, Iraq called on foreign countries to stop direct imports of oil from Kurdistan and to deal only with the central government.   

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News