Wednesday, July 30, 2014

The Fight Over Who Owns Iraqi Oil Intensifies Between Baghdad And The Kurdish North

A still image from video taken by a U.S. Coast Guard HC-144 Ocean Sentry aircraft shows the oil tanker United Kalavyrta (also known as the United Kalavrvta), which is carrying a cargo of Kurdish crude oil, approaching Galveston, Texas, July 25, 2014.

Iraq And Its Kurds Fight Over Oil Tanker Off The Texas Coast -- L.A. Times

A $100-million bonanza of crude oil sits in a tanker off the coast of Galveston, Texas, but moving it to shore has become a knotty foreign policy problem.

Late Monday, a federal court ordered U.S. marshals to seize the cargo of the tanker, the United Kalavrvta, if its more than 1 million gallons of crude oil is brought ashore. The oil is claimed by both Baghdad and the Kurdistan regional government, nominally part of Iraq but locked in an uneasy embrace, especially when it comes to who benefits from oil revenues.

Iraq is divided among Shiite and Sunni Muslims and the Kurds, who have all been fighting over the shape of the new government amid a bloody civil war prompted by the success of the Islamic State. The Kurds have been assertive, particularly about oil revenues, even as the central government has focused on the fighting between Shiites and Sunnis.

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More News On The Dispute Between Baghdad And The Kurds Over Who Owns Iraqi Oil

U.S. judge says cannot seize Kurdish crude for now -- Reuters
Judge says US can't seize tanker full of Kurdish oil off Texas coast -- FOX News
US Judge: Kurdish Oil Tanker Outside US Jurisdiction -- VOA
Iraq warns against unloading tanker of Kurdish crude anchored off Galveston -- Fuel Fix
Iraq challenges shipment of Kurdish oil to Texas -- CBS
Kurds Rebut Iraq’s Claim to Crude Oil Cargo Off Texas Coastline -- Bloomberg
Kurdistan Challenges Iraq's Oil Claim -- WSJ
Iraq's Kurds have right to sell oil while squeezed by Baghdad: MP -- Reuters
Iraq’s black market oil fuels sectarian division -- Al Jazeera

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