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Kurdish Finance Minister Rebaz Mohammed Hamlan. (Asharq Al-Awsat)
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This file photo shows a worker walking on an oil pipeline at the Khurmala oil field on the outskirts of the city of Erbil, in Iraq’s Kurdistan region, on December 4, 2013. (Reuters/Stringer)
Kurdistan to begin exporting oil through SOMO after loan from Baghdad: KRG officials
Erbil, Asharq Al-Awsat—The Kurdistan Regional Government (KRG) will begin exporting oil through under Baghdad’s supervision once it receives a loan it says was promised from the Iraqi government, as part of an agreement reached between the two sides on Thursday,...Caption:
A picture taken on August 10, 2014 shows a chimney at an oil field in Sheikhan, northeast of the city of Mosul in northern Iraq and near the Kurdish city of Dohuk, an area where Kurdish peshmerga forces are fighting to stop the advance of Islamic State of Iraq and Syria (ISIS) fighters. (AFP PHOTO/AHMAD AL-RUBAYE)
Baghdad warns buyers of “ISIS oil”
Baghdad, Asharq Al-Awsat—Iraq has warned buyers of crude oil that any unauthorized oil purchases made from its territory could be used to fund activities by the extremist militant group, the Islamic State of Iraq and Syria (ISIS). In a statement on Wednesday, Iraq’s...Caption:
Iraq’s Oil Minister Abdul Kareem Al-Luaibi, seated, talks to journalists before a meeting of OPEC oil ministers in Vienna on June 11, 2014. (Reuters/Heinz-Peter Bader)
No “direct impact” on Iraq oil exports following crisis—experts
Dammam, Asharq Al-Awsat—The current crisis in Iraq has had no direct impact on the country’s oil exports, despite a battle for control of the country’s largest oil refinery, and the city of Kirkuk—home to one of the country’s major oil fields—falling under Kurdish...Caption:
Iraqi Deputy Prime Minister for Energy Hussein Al-Shahristani, center, listens during a meeting gathering politicians and oil experts to discuss the export of oil from Iraq’s northern Kurdish region on February 1, 2014 in the Iraqi capital, Baghdad. (AFP Photo/Sabah Arar)