Commodities
Iraq Says Resuming Kurdish Oil Exports Will ‘Take Some Time’
- There’s no time frame to complete negotiations: spokesman
- Kurdistan-Turkey pipeline has been shut for more than a year
A worker at an oil refinery in Kurdistan.
Photographer: Ali Al-Saadi/AFP/Getty ImagesThis article is for subscribers only.
Oil exports from Kurdistan to Turkey through a pipeline that’s been shut for more than a year will take longer to resume, a Iraqi government spokesman said.
Any talks between the companies and Iraq’s oil ministry will likely “take some time, especially as Baghdad is working on establishing a direct relationship in terms of the amounts of production, exports and prices,” government spokesman Bassem Al-Awadi told reporters in Baghdad on Monday. “There’s no specific time frame to resolve negotiations with foreign oil companies in the region.”