Iraq Says ‘Technical’ Matters Holding Back Oil From Turkey
- Baghdad hopes Ceyhan exports can restart in ‘short period’
- Iraq in discussions with oil traders and Turkish government
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Iraq said it’s working with oil buyers and the Turkish government to resume almost half a million barrels a day of crude exports from a Mediterranean port “as soon as possible.”
The delay is due to “technical procedures only and they need to be completed legally,” Basim Al-Awadi, a government spokesman, said to Bloomberg on Wednesday. This should “only take a short period.”