No further comment, spokesman Mark Ware said


buy canada goose jacket cheap Kurdistan begins international oil exports buy canada goose jacket cheap

LONDON (Reuters) Kurdistan has begun selling its oil into international markets in independent export deals that further challenge Baghdad Canada Goose Coats On Sale claim to full control over Iraqi oil after first signing independent exploration deals with foreign oil majors last canada goose factory sale year.

canadian goose jacket The move is likely to enrage the government, which is still locked in a battle with Exxon Mobil over canada goose store its independent deal with Kurdistan last year uk canada goose outlet to explore Canada Goose Outlet for oil in canada goose coats six Kurdish blocs. But it also paves the way towards greater Kurdish autonomy as Baghdad has long jackets insisted it alone has the right to market Iraqi oil and gas products. canadian goose jacket

By involving two of the world largest trading houses, Trafigura and Vitol, Kurdistan has made it difficult for Baghdad to retaliate, as it depends on those firms for a proportion of its refined cheap Canada Goose oil imports like gasoline and diesel. If Baghdad were to decide to shop elsewhere, canadian goose jacket it could face paying much higher buy canada goose jacket cheap prices for its fuel.

canada goose Trafigura snapped up the first cargo of Kurdish light oil known in the industry as condensate offered for delivery in October via the intermediary Powertrans. The oil was trucked across the country from a Kurdish field to Turkey, where it loaded at the start of the month. canada goose

Canada Goose sale Vitol was quick to follow, becoming the second canada goose black friday sale major oil Canada Goose online firm to buy Kurdish oil marketed independently of Baghdad, picking up a second 12,000 metric tonne (13,228 tons) cargo of condensate for loading at the end of the month. At around $890 a tonne, uk canada goose each shipment is worth over $10 million. Canada Goose sale

Canada Goose Outlet Iraqi officials say any deals independently canada goose agreed with Kurdistan are illegal and trading Kurdish oil and gas products without the central government consent amounts to smuggling. Canada Goose Outlet

maintains its right to legally pursue all those who participate in smuggling the property of the Iraqi people locally or internationally, said Iraq government spokesman Ali Dabbagh, commenting on the Kurdish sales of oil to the Swiss trading houses.

Canada Goose Jackets Trafigura declined to comment, while Vitol confirmed it had bought a parcel of Kurdish origin for loading in Turkey, declining to comment any canada goose uk outlet further on the deal. Canada Goose Jackets

buy canada goose jacket small parcel canada goose uk black friday was bought in a public tender, FOB Toros terminal, Turkey. No further comment, spokesman Mark Ware said. buy canada goose jacket

canada goose black friday sale In addition to supplying Baghdad with products, Vitol also has two term deals to buy Iraqi crude in 2012 for a total of around 22,000 barrels of oil per day (bpd). canada goose black friday sale

canada goose coats on sale EXPANSION Kurdistan potential as a major oil producer and exporter has proved to have greater weight with foreign oil firms than warnings by Baghdad that signing contracts with the autonomous region could put their contracts in the south at risk. canada goose coats on sale

canada goose clearance Exxon Mobil has been followed by other majors including Chevron, Total and Gazprom, as production sharing deals with Arbil are seen as a far better arrangement than Baghdad fee for service contracts. canada goose clearance

Similarly, on the trading side, better prospects in the north have Canada Goose Parka caught the attention canada goose clearance sale of major oil traders, who are now prepared to risk Baghdad canada goose coats on sale anger to gain a foothold in Kurdistan while the canada goose clearance region heads towards greater autonomy.

this flow (exports from Kurdistan) is meant to be huge. Crude, naphtha, LPG, condensate, but yes, very political, said an oil trader, commenting on the logic for risking relations with Baghdad.

So far, Kurdistan export volumes are tiny in comparison to its daily exports via national pipelines, moving around 1,000 metric tonnes of oil per day (about 8,000 bpd) to Turkey by truck, but deliveries are on the rise.

A Kurdish industry source in Arbil said condensate volumes were expected to reach 1,500 tonnes per day (about 12,000 bpd) by the end of October and more trucks would canada goose uk shop be made available towards the end Canada Goose Jackets of the year.

canada goose store Kurdistan began its own exports of oil over the summer, swapping condensate for refined products such as diesel and kerosene with Turkey to help plug a product shortfall it says was created by Baghdad. canada goose store

Canada Goose online The trade agreement Canada Goose sale was endorsed by Ankara, but Baghdad said the deliveries by truck were illegal. Canada Goose online

canada goose coats Kurdistan, autonomous with its own government and armed forces since 1991, gets central government funding and uses national pipelines to ship its oil. canada goose coats

canada goose deals The process has however been stop start over buy canada goose jacket the years due to a long running cheap canada goose uk feud Canada Goose Online between Baghdad and Arbil over oil and land rights. Exports were halted in April in a dispute over payments from Baghdad to companies working in the region and restarted in August. canada goose deals

Canada Goose Parka In September a new deal was agreed with the central government on crude exports (set at 200,000 bpd in the last quarter of the year) and supply of refined oil products. Canada Goose Parka

cheap Canada Goose On Monday, Iraqi Kurdistan said it had agreed to raise exports to 250,000 barrels of oil per day (bpd) in 2013 if Baghdad pays operators in the autonomous region. cheap Canada Goose

canada goose clearance sale Reporting by Jessica Donati and Peg Mackey, Emma Farge and Julia Payne; editing by Richard Mably and Keiron Henderson canada goose clearance sale.

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