Kurdish Pipeline Exports Unaffected by Iraq Turmoil
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The largest oil producer in Iraqi Kurdistan is confident that the region will maintain independent pipeline exports unimpeded by the violence and political turmoil engulfing the country.
The Kurdistan regional government has loaded five cargoes in Ceyhan, Turkey, and two have been sold and paid for, Julian Metherell, chief financial officer at Genel Energy Plc, said in an interview today. One went to Singapore and one to Israel, he said. A third is docked off the U.S., where it’s the subject of a legal dispute with Iraq’s federal government.