Kirkuk oil restart is 'positive gesture': Nechirvan Barzani

<p style="text-align: left;">The resumption of oil exports from Iraq&amp;rsquo;s northern city of Kirkuk to Turkey's Ceyhan seaport on the Mediterranean coast is viewed as a "positive gesture" for Erbil-Baghdad relations, according to Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani.

Barzani's remarks came during an event in Erbil on Monday organized for the 10th anniversary of works of the Emirati company Dana Gas in the region, where he expressed his support for the new Iraqi government.

On Friday, Iraq's federal government and the KRG reached a tentative agreement to resume oil exports from Iraq&rsquo;s northern city of Kirkuk to Turkey's Ceyhan seaport on the Mediterranean coast after oil extraction was halted last October.

In a statement, the Iraqi Oil Ministry spokesman Assem Jihad said the deal called for the resumption of exports at a rate of between 50,000 and 100,000 barrels per day, although he did not confirm exactly when the deal would go into effect.

"We hope the new government [in Iraq] will be able to resolve the issues between Baghdad and Erbil, and we can together step forward for a brighter future," he said.

On Oct. 24, the new Iraqi Prime Minister Adil Abdul-Mahdi, who was appointed to form the government as a result of the parliamentary elections held on May 12, was officially sworn -- along with 14 members of his cabinet -- after winning a parliamentary vote of confidence.

Barzani also called on companies working in the energy sector to avail of the incentives for oil and gas field investments in the region, Anadolu agency reported.

Reporter&rsquo;s code: 50101

News Code 25341

Your Comment

You are replying to: .
captcha