Kurdish Oil Appears Bound for U.S. Again After Three-Year Pause

June 22, 2017


An oil tanker carrying Kurdish crude appears to be en route to the U.S., reviving a trade from three years ago that became a symbol of a dispute between the semi-autonomous region in Iraq and the federal government in Baghdad. The Aframax tanker Neverland, which normally hauls about 650,000 barrels, exited the Mediterranean Sea two days ago, according to vessel tracking data compiled by Bloomberg. A week earlier, it left a port in southern Turkey from where Kurdistan Regional Government cargoes are shipped by traders. The KRG, which is preparing for a referendum later this year, has long been pushing for greater independence in oil sales, saying the Kurdish region wasn’t getting its share of the federal budget. https://www.yahoo.com/news/m/7398be92-b989-3d99-8aec-720fa77dbc2f/ss_kurdish-oil-appears-bound-for.html