Supreme Court of Iraq rules in favour of KRG on oil exports

In a landmark decision issued by the Supreme Court of Iraq, the court unanimously rejected the request of the Iraqi federal oil minister to rule against the right of the Kurdistan Regional Government (KRG) Ministry of Natural Resources to export oil out of the Kurdistan Region.

The KRG’s first export shipment left the Ceyhan Terminal on the United Leadership vessel. Since then, further tankers have left Ceyhan as Kurdistan looks to increase its exports from current levels of approximately 200,000 b/d to 400,000 b/d by the end of the year…

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