Iraq-Turkey pipeline shutdown on Turkish government orders

ShaMaran Petroleum

27/03/2023 07:59

March 27 (Reuters) - The Kurdistan Pipeline Company has
shut the Iraq-Turkey pipeline at the request of the Turkish
government, oil companies in the regions said on Monday.
    The news comes after comes after Iraq on Saturday halted
crude exports from its northern region after the country won an
arbitration case in which it said that Turkey violated a joint
agreement by allowing the Kurdistan Regional Government (KRG) to
export oil to Ceyhan.
    Iraqi Kurdistan-focused oil firm Genel Energy Plc  GENL.L 
said it expects the shutdown to be temporary and that it
continues to produce oil into storage facilities.
    Meanwhile Norway's Middle East-focused oil firm DNO  DNO.OL 
said the KRG instructed it to temporarily halt oil deliveries to
the pipeline for export.

 (Reporting by Muhammed Husain in Bengaluru; Editing by Savio
D'Souza)
 ((Muhammed.Husain@thomsonreuters.com;))