Iraq: Iraq Blacklists Three Oil Tankers for Shipping Kurdish Crude

Aug 30, 2016 | Zainab Calcuttawala, OilPrice.com
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Three tankers that shipped crude from Kurdistan have been blacklisted by the Iraqi State Organization for the Marketing of Oil (SOMO) in a move designed to increase pressure on the Kurdistan Regional Government (KRG), Reuters reports. The KRG has been exporting approximately 500,000 barrels of oil through Turkey since mid-2015, after it accused the Iraqi government of failing to live up to the terms of a previous revenue-sharing deal.