Iraqi Kurdistan completes first oil shipment to int’l market

Iraqi Kurdistan completes first oil shipment to int’l market
May 23, 2014 - 15:20 AMT

PanARMENIAN.Net - Iraq's self-ruled northern Kurdish region says it has completed its first oil shipment to the international market, bypassing the central government in Baghdad.

Baghdad's Arab-led government and ethnic Kurds have a long-running dispute over the right to develop and export natural resources as both rely on different interpretation of Iraq's constitution. Baghdad maintains the Kurdish region's separate energy deals are illegal.

The Kurdish Ministry of Natural Resources said in a statement Friday, May 23, that over 1 million barrels were loaded Thursday night in Turkey's Ceyhan port and shipped to Europe. It didn't name the buyer or give other details.

Baghdad has warned that it will sue those buying Kurdish oil.

Related links:
AP. Iraq's Kurdish region concludes 1st oil sale
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