Iranian and Russian Oil Good, Kurdistan Oil....seized by fed judge

Discussion in 'Too Hot for Swamp Gas' started by G8trGr8t, Jul 28, 2014.

  1. G8trGr8t
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    G8trGr8t Premium Member

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    A tanker is sitting in Houston harbor full of Kurdish oil pumped through Turkish pipelines. The USCG has cleared it for offloading based on the required safety inspections. Iraq is threatening to sue anybody and everybody that as much as smells that oil.

    Last week, state dept officials called around the globe telling countries that they should not accept that oil and if they did, there would be serious consequences to their banking sectors and access to $$ transactions.

    This should be interesting. What will VJ tell them to do?

    Will state department stop the offloading or just go after whoever is buying the oil or use this as a wake up call for Maliki to get out and form a real inclusive gubmnt in Iraq? What do you think Iran wants DC to do?

    I can't link or copy WSJ article material here anymore but you can google Kurdstan oil and it should be a free read.

    here is a link to an alternate article to provide a link. WSJ article is more informative and current

    http://america.aljazeera.com/articles/2014/7/27/oil-kurds-iraq.html

    In June, Kurdish forces were able to capture the oil-rich city of Kirkuk in northern Iraq amid the confusion of the onslaught of Islamic State fighters. Kirkuk has long been prized by Iraqi Kurdistan's leaders.

    Washington has pressured companies and governments not to buy crude from the Kurdish Regional Government (KRG), but it has stopped short of banning U.S. firms from buying it outright.

    The KRG has renewed its push for an independent state amid the latest violence roiling Iraq. Its relationship with Baghdad has deteriorated over what it sees as Prime Minister Nouri al-Maliki's role in stoking the crisis and the long-running dispute over oil sales.

    Crude offloading from the United Kalavrvta could begin as early as Sunday, if the tanker passes the Coast Guard inspection "and there are no other issues," said Coast Guard Petty Officer Andy Kendrick.

    The Coast Guard was communicating with the U.S. National Security Council, State and Homeland Security departments about the vessel's arrival and status, Kendrick said.

    The United Kalavrvta received the oil at Ceyhan from a new Kurdish pipeline.
    Last edited: Jul 28, 2014
  2. HallGator
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    Paraphrasing info from a pay site is fine as long as credit is given and a link provided. You can even post the headlines.

    We will have the rules governing this, and some other pertinent info, put up this week.
  3. brainstorm
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    Who cares about an "unified" Iraq? It is falling apart as we speak. Time to move on and support the Kurds. And buy their crude.
    • Agree Agree x 1
  4. G8trGr8t
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    we should buy until the new gubmnt is formed and the kurds are made whole on the money Baghdad was holding back on them.

    this is real leverage over Baghdad. will 0 use the leverage to offset Iranian influence in Baghdad or will he give it away for hope of promised change?
  5. G8trGr8t
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    G8trGr8t Premium Member

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    and just as an aside. Kurds recently took control of oil fields previously controlled by Baghdad around Mosul and Kirkuk. They did so by force but Baghdad is helpless to address it right now.

    http://www.nbcnews.com/storyline/ir...ize-iraqs-kirkuk-bai-hassan-oilfields-n153481

    BAGHDAD - Kurdish peshmerga forces took control of production facilities at two northern Iraqi oilfields on Friday, replacing Arab workers with Kurdish personnel. The national oil ministry in Baghdad condemned the takeover at the Kirkuk and Bai Hassan fields and called on the Kurds to withdraw immediately to avoid "dire consequences." The move came a month after Kurdish forces took control of the nearby city of Kirkuk, following the withdrawal of Iraqi armed forces in the face of a lightning assault by Islamic State of Iraq and al-Sham (ISIS) militants, who have seized large parts of north and west Iraq. The oil ministry accused the Kurds of "a violation of the constitution and national wealth."

    Political tensions are running high between Prime Minister Nouri al-Maliki and Kurdish leaders, who have pulled out of Maliki's Shiite-led government. Kurdish President Massoud Barzani last week also asked the parliament of the autonomous Kurdish region to plan a referendum on Kurdish independence. Iraqi Foreign Minister Hoshiyar Zebari, who is a Kurd, warned Friday that the country risked falling apart if a new inclusive government is not formed soon. Iraq "is now divided literally into three states - Kurdish; a black state (ISIS) and Baghdad," he added.
  6. brainstorm
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    I like the Kurds. Anyone else see the episode of Vice (HBO) on the Kurds?



    Disclaimer - Bill Maher is an executive producer.
  7. G8trGr8t
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    'Stolen property'
    At least one Houston-based maritime company, SPT, was notified by lawyers for the Iraqi government that it would consider any U.S. firm that aids the offloading of the crude oil to be "in wrongful possession of our client's crude oil."

    A letter from U.S.-based law firm Vinson & Elkins states that the oil "is considered to be stolen property" because, according to the Iraqi Constitution, "all crude oil belongs to the people of Iraq, under the management of the federal government, which is represented by the Ministry of Oil."


    http://www.cnbc.com/id/101872137#.
  8. G8trGr8t
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    US Judge Seizes oil for Iraq

    this judgement seems to ignore the fact that Baghdad has been in breach of contract to pay the kurds for oil previously sent south through Iraq.

    http://www.reuters.com/article/2014/07/29/us-usa-iraq-kurdishoil-idUSKBN0FY0KX20140729

    (Reuters) - U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.
    The tanker United Kalavrvta, carrying some 1 million barrels of Iraqi Kurdish crude oil, arrived near Galveston Bay on Saturday, but has yet to unload its disputed cargo.

    The U.S. judge's overnight approval of the request from Baghdad on Monday deals another blow to the Kurdistan Regional Government's (KRG) attempts to establish its own oil sales, which are seen as a crucial step in the autonomous region's push for independence. Baghdad, which is struggling to contain a Sunni Islamist insurgency that has captured swathes of central and northern Iraq, sees such oil sales as smuggling.

    It has cut the KRG's budget since the start of the year over the oil sales dispute. Washington has opposed the KRG's oil sales, fearing they could contribute to a break-up of Iraq, but has stopped short of banning U.S. companies from buying the oil.

    The judge's order was issued to the U.S. Marshals Service, an enforcement agency within the U.S. Department of Justice.
  9. egator1245
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    The judge now says the order is unenforceable.

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