BREAKING NEWS

Kurdistan oil flow to Turkey begins, exports await Iraqi consent

Kurdistan oil flow to Turkey begins, exports await Iraqi consent
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Crude oil from Iraqi Kurdistan has begun flowing via a new pipeline to Turkey, but will not be shipped to world markets without prior approval from Iraq’s central government.

Ankara and Baghdad struck the bi-lateral deal earlier this week.

The pipeline is initailly expected to pump some 300,000 barrels a day.

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