Canada Goose Jackets Swiss firm Trafigura helped Iraqi Kurds defy Baghdad to sell oil Canada Goose Jackets
Canada Goose sale LONDON (Reuters) Trafigura, one of the world biggest commodities trading firms, played a pivotal role in helping Iraq semi autonomous Kurdish region export oil, which the Iraqi government considered illegal, three sources familiar with the trades said. Canada Goose sale
Canada Goose online Trafigura logo is pictured in the company entrance in Geneva March canada goose factory sale 11, 2012. REUTERS/Denis Balibouse Canada Goose https://www.thebeatlestimeline.com online
canada goose This week Iraq and its Kurdish region reached a landmark deal designed to resolve a dispute canada goose clearance over oil exports which had threatened to break up Iraq, after seven canada goose clearance sale months during cheap canada goose uk which the Kurds Canada Goose Online defied Baghdad to sell oil on their own. canada goose
canada goose clearance The Kurds have long argued that they canada goose are permitted to sell oil under Iraq 2005 constitution, provided the revenue is shared with the rest of Iraq according to an agreed formula. canada goose clearance
canada goose clearance sale Swiss based Trafigura role in the trade has not been revealed until now. A Trafigura spokesman declined to comment, as did a spokesman for the Iraqi Kurdish regional government. canada goose clearance sale
canada goose coats According to the three sources, who revealed the commercial information on condition of anonymity, Trafigura became involved in Kurdish oil sales after the Kurds achieved poor results from initial attempts at exports early this year. Ships had been loaded but ended up sailing aimlessly, with few buyers canada goose uk outlet willing to brave Baghdad anger to take delivery. canada goose coats
Since Trafigura began handling some of the sales in recent months, all of the 30 plus tankers have found cheap Canada Goose buyers, apart from one for which Trafigura was not responsible, the sources said.
Canada Goose Outlet Trafigura struck its canada goose black friday sale deal to sell Kurdish oil with the Canada Goose online Kurdish regional government this summer after meetings in London and the Kurdish capital Arbil, the sources said. At the time, a lightning advance of Islamic State militants in northern Iraq threw the Kurds into front line battle. Canada Goose Outlet
buy canada goose jacket The oil was delivered to destinations such as Israel, Croatia and to buyers off the coast of Malaysia, canadian goose jacket according to trading sources and publicly available ship tracking data. A series of ship to ship transfers andtemporary storage arrangements was put in place, often making it difficult to track final destinations. buy canada goose jacket
Canada Goose Parka RESOLVING DISPUTE Iraqi oil ministry officials were not available to comment on the role of Trafigura in the trade. Baghdad has not made clear whether it will lift its threat to sue firms involved in past transactions with the Kurds following this week deal to resolve the dispute. Canada Goose Parka
Asked at a press conference two weeks ago about plans to sue over uk canada goose past deals, Iraqi Canada Goose Outlet oil minister Adel Abdel Mehdi declined to comment, saying he did not want Canada Goose Coats On Sale to spoil the buy canada goose jacket positive relations between the Kurds and the new Iraqi government which took power three months ago.
canada goose black friday sale Kurdish officials said they Canada Goose sale had no choice but to sell oil this year because Baghdad had halted payments to the region of its share of total oil revenue. canada goose black friday sale
Resolving the dispute became more urgent in recent months as the Kurds ramped up their oil sales, even as buy canada goose jacket cheap both sides faced a resurgent threat from Islamic militants. Kurdish leaders threatened to seek canada goose uk shop independence, breaking up Iraq.
cheap Canada Goose Washington, which is helping both the central government and the Kurds battle Islamic State fighters, put pressure on them to resolve their differences. cheap Canada Goose
buy canada goose jacket cheap Under this week canada goose store deal, the Kurds will receive 17 percent of Iraq oil revenue and the central government will pay the salaries canada goose coats of the Kurds security forces known as peshmerga. buy canada goose jacket cheap
canada goose store By the time Baghdad and the Kurds reached their agreement this week, Kurdish exports had risen to around 300,000 barrels per day, more than a tenth of Iraqi output. Some industry sources predicted the Kurds could be selling 1 million bpd by next year. canada goose parka canada goose store
canada goose deals The identity canada goose uk black friday of the trader behind the sales has until now been Canada Goose Parka a closely guarded secret, with Baghdad threatening not only to sue Canada Goose Jackets but to bar any company that assisted the Kurds from handling Iraq sizeable exports from the south. canada goose deals
canadian goose jacket Trafigura does not handle any of Baghdad own oil sales from state marketer SOMO, unlike some of its biggest rivals. canadian goose jacket
canada goose coats on sale Trafigura uk canada goose outlet was not behind the one Kurdish vessel still stuck in limbo off the coast of Texas, the United Kalavrvta, the source familiar with the trades said. A Texas judge has said the state lacks the jurisdiction to rule on the ownership of the oil canada goose coats on sale canada goose coats on sale.
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