AGL 39.97 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 129.40 Increased By ▲ 0.34 (0.26%)
BOP 6.80 Increased By ▲ 0.05 (0.74%)
CNERGY 4.77 Increased By ▲ 0.28 (6.24%)
DCL 8.53 Decreased By ▼ -0.02 (-0.23%)
DFML 41.40 Increased By ▲ 0.58 (1.42%)
DGKC 81.60 Increased By ▲ 0.64 (0.79%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 74.12 Decreased By ▼ -0.31 (-0.42%)
FFL 11.91 Increased By ▲ 0.17 (1.45%)
HUBC 109.75 Increased By ▲ 0.17 (0.16%)
HUMNL 14.35 Increased By ▲ 0.60 (4.36%)
KEL 5.28 Decreased By ▼ -0.03 (-0.56%)
KOSM 7.69 Decreased By ▼ -0.03 (-0.39%)
MLCF 38.69 Increased By ▲ 0.09 (0.23%)
NBP 65.50 Increased By ▲ 1.99 (3.13%)
OGDC 193.50 Decreased By ▼ -1.19 (-0.61%)
PAEL 25.75 Increased By ▲ 0.04 (0.16%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 154.30 Decreased By ▼ -1.15 (-0.74%)
PRL 25.55 Decreased By ▼ -0.24 (-0.93%)
PTC 17.65 Increased By ▲ 0.15 (0.86%)
SEARL 80.00 Increased By ▲ 1.35 (1.72%)
TELE 7.72 Decreased By ▼ -0.14 (-1.78%)
TOMCL 33.52 Decreased By ▼ -0.21 (-0.62%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 56.99 Decreased By ▼ -1.23 (-2.11%)
UNITY 27.60 Increased By ▲ 0.11 (0.4%)
WTL 1.39 No Change ▼ 0.00 (0%)
BR100 10,604 Increased By 159.3 (1.52%)
BR30 31,210 Increased By 20.7 (0.07%)
KSE100 99,107 Increased By 1309.2 (1.34%)
KSE30 30,981 Increased By 500.8 (1.64%)

Iraqi Kurdistan has begun sending oil produced in its three-province autonomous region out of the country without the express permission of the central government, an official said on Sunday. The central government in Baghdad, meanwhile, insisted that it reserved the sole right to export oil, which accounts for the lion''s share of the country''s income and is at the centre of a dispute between the capital and Kurdistan.
"We started exporting limited quantities of crude oil to Turkey a few days ago," Seerwan Abubaqr, an adviser to the Kurdistan government''s natural resources ministry, told AFP. He said the crude was being exported to Turkey so it could be refined into various products before being brought back to Kurdistan. "If we need to, we will export oil to Iran," Abubaqr added. "We will continue exports of crude oil until the central government provides the region with oil products."
"The central government has pushed us to do this." Kurdish officials say the central government has barred the dispatch of petroleum products to the northern region, but the oil ministry in Baghdad has persistently denied those allegations.
"Nobody has the right to export oil, gas, or oil products to foreign countries," said Faisal Abdullah, spokesman for Hussein al-Shahristani, deputy premier responsible for energy affairs.
"Only the oil ministry of the government in Baghdad has the right to export oil or oil products."
A dispute over oil between Baghdad and the Kurdish government in Arbil has worsened in recent months, with Kurdistan looking to ramp up oil production and export capabilities, and the region has also cut off oil exports to Iraq in a payment row. Arbil has signed dozens of contracts with foreign oil firms aimed at boosting its oil sector in recent year, but the central government, which says all oil contracts must go through Baghdad and regards any that do not as illegal, has strenuously opposed such deals.

Copyright Agence France-Presse, 2012

Comments

Comments are closed.