Disagreements over payments holds up key Iraq-Turkey oil pipeline restart: Iraq PM
Turkey shut down the pipeline in March 2023 after an arbitration court ordered it to pay Iraq $1.5bn (Tl45.23bn) in compensation.
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the reduced supply has inadvertently helped Iraq adhere more closely to its OPEC+ production limits.
However, to meet its new target for January this year, Iraq will need to cut output by approximately 300,000 barrels per day.
Baghdad has requested Kurdistan to reduce its output to help Iraq comply with its OPEC+ limits, as reported by Argus.
January 18, 2024 — https://archive.is/fYnWe [offshore-technology.com]
Explainer: Why oil flows through the Iraq-Turkey pipeline have been halted
November 13, 2023 3:29 PM UTC — https://archive.is/cijN5 [reuters.com]
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