Baghdad and Kurdish regional authorities are making progress to rescue a deal over crude oil exports, Iraq's oil minister said on Sunday, after it nearly unravelled due to Kurdish threats to halt shipments in protest over lack of payment.
An oil tanker from Iraqi Kurdistan that was blocked for months from unloading in Texas by a Baghdad legal challenge has sailed back to the Mediterranean and delivered its cargo to Israel, according to trading sources and ship-tracking data.
A deal aimed at resolving a dispute between Baghdad and Kurdish regional authorities over crude oil exports looked fragile with the semi-autonomous region's Prime Minister threatening to withhold exports.
Both sides reaffirmed their
Saint Michael, the archangel of battle, is tattooed across the back of a US army veteran who recently returned to Iraq and joined a Christian militia fighting Islamic State in what he sees as a biblical war between good and evil.
Iraq's semi-autonomous Kurdistan Regional Government will ramp up oil exports in the coming months, moving it closer to economic self-sufficiency while it works to clinch a final deal with Baghdad on crude sa
Oil producers including Genel and Gulf Keystone Petroleum, have received initial payments for oil exports from the Kurdistan Regional Government (KRG), paving the way for more steady oil revenues for producers in Iraqi Kurdistan.
Genel Energy has signed an agreement with the Kurdistan Regional Government (KRG) to develop two huge gas fields that could supply Turkey with gas from the winter of 2017/18.
The Miran and Bina Bawi gas fields,