• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 4 hours OPEC will consider all options. What options do they have ?
  • 4 hours Danish Royal Palace ‘Surprised’ By Trump Canceling Trip
  • 58 mins Trump vs. Xi Trade Battle, Running Commentary from Conservative Tree House
  • 4 mins NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
  • 7 hours What to tell my students
  • 4 hours A legitimate Request: France Wants Progress In Ukraine Before Russia Returns To G7
  • 5 hours China Threatens to Withhold Rare Earth Metals
  • 11 hours Recession Jitters Are Rising. Is There Reason To Worry?
  • 7 hours With Global Warming Greenland is Prime Real Estate
  • 20 hours TRUMP'S FORMER 'CHRISTIAN LIAISON' SAYS DEEPWATER HORIZON DISASTER WAS GOD'S PUNISHMENT FOR OBAMA ISRAEL DIVISION
  • 19 hours Maybe 8 to 10 "good" years left in oil industry * UAE model for Economic Deversification * Others spent oil billions on funding terrorism, wars, suppressing dissidents, building nukes * Too late now
  • 16 hours CLIMATE PANIC! ELEVENTY!!! "250,000 people die a year due to the climate crisis"
  • 21 hours Flaring is at Record Highs in Texas

Canadian Court Orders Seizure Of Kurdish Oil Tanker

Tanker

A Halifax court issued last week a warrant for the seizure of an oil tanker that holds crude oil from Kurdistan, which was last spotted off the Canadian coast, Kurdish media network Rudaw reported on Monday.

The oil tanker—loaded with crude from Kurdistan and thought to be headed to the U.S. before it turned off its tracker after exiting the Strait of Gibraltar a week ago—had reappeared 300 miles off Halifax, or around 600 miles from Boston, the Financial Times reported last Friday, citing satellite ship-tracking data.

But according to Rudaw, a court in Halifax recorded on June 29 a “warrant for the arrest of the cargo of [approximately] 721,915 barrels of crude oil abroad the M/T [motor tanker] Neverland.”

The tanker Neverland was originally thought to be headed for the United States, further buttressing the semiautonomous region’s economic independence as Erbil prepares for a referendum on political independence later this year. An estimated 650,000 barrels of oil, mostly extracted from the Kirkuk field located in Kurdistan, had departed the Mediterranean Sea in June. The oil tanker’s route indicated a dash towards the American East coast, after a three-year hiatus—caused by a dispute with Baghdad over Washington’s true loyalties—had ended the transatlantic shipments.

Kurdistan’s Minister of Natural Resources Ashti Hawrami said last week that Kurdistan had been assured by the buyers of its crude oil that the oil was not headed to the U.S. Hawrami spoke to Reuters just days after the central Iraqi government said it would challenge the legal validity of Kurdish oil exports to the U.S. in American courts in a renewed tension between Baghdad and Erbil over crude oil exports.

According to Iraq Oil Report from Saturday, July 1, Iraq had obtained a Canadian warrant to seize the tanker, and oil from Kurdistan was not offloaded in Nova Scotia. The legal action prevented sales of Kurdish oil to Canada and the Neverland has sailed back into the Atlantic Ocean, Iraq Oil Report reported.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play