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Mehmet Öğütçü
30 March 2023, Thursday / Published in Economy, Politics

A “new mechanism” for Kurdish oil that also burned Ankara’s hands

The final verdict by the International Court of Arbitration in Paris against Türkiye has further complicated the de facto controversial situation regarding the Kurdish oil exports since the creation in 1992 of the Kurdistan Regional Government (KRG), both in Erbil, Ankara and Baghdad. as well as for foreign oil companies operating in the region. Now,
Ankarabağdatceyhancrude oilErbilexportInternational Court of Arbitrationkurdish oiloilPipelineUSA
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Murat Yetkin
29 March 2023, Wednesday / Published in Economy, Politics

Iraqi oil case against Türkiye, pipelines and Kurdish question

First, let us try to explain why Türkiye lost an arbitration case brought by the Iraqi government in 2014, which resulted in Türkiye being ordered to pay 1.4 billion US dollars in compensation. We should add that he International Chamber of Commerce’s International court of Arbitration in Paris also found the Iraqi government guilty of
Albayrakarbitration casebağdatcrude oilenergyErdoğaniraqIraqi Kurdistan Regional GovernmentisisKRGoilpipelinesPowerTransTurkeyTürkiye
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