Monday 9 July 2012

Iraq weighs options for wriggling free of pipeline tangle - The National

"The ministry has all these plans with pipelines going all over the Middle East like spaghetti." Thus did one industry source describe Iraq's oil export schemes. Iraq's geographic location gives it a multitude of potential routes, but all are problematic in some way.

Last Thursday, the Kurdistan region apparently began trucking oil to Turkey in line with a cooperation agreement discussed in May. Just a day later, Taner Yildiz, Turkey's energy minister, announced studies on linking the oilfields around Basra, in Iraq's south, to the Kirkuk-Ceyhan pipeline that runs from northern Iraq to Turkey's Mediterranean coast.

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