Turkey has repeated its pledge to honour the Iraqi constitution while proclaiming that “oil will flow” from the Kurdish region regardless.
Turkey is in a delicate position as it facilitates discussions between the Kurdish region and the Iraqi federal government over a new pipeline to connect Kurdish oil to global markets through a Turkish port. The pipeline became operational this month in spite of Baghdad’s opposition to independent exports of Kurdish oil, which it says is produced under contracts that violate the Iraqi constitution.
“Oil will flow because the world markets will demand it,” Hasan Merat Mercan, the Turkish deputy minister of energy and natural resources, said at the Gulf Intelligence UAE Energy Forum in Abu Dhabi yesterday. “The internal dynamics of KRG [Kurdistan Regional Government] and Iraq is their own issue and we will help them to solve their problems. Political stability in that region is the most important issue. Don’t expect me to say anything that would endanger the relationship between KRG and Iraq.”
The outcome of the talks will be closely watched by UAE operators in Iraq’s Kurdish region, including Dana Gas of Sharjah, Abu Dhabi National Energy (Taqa), and DNO International, which is part-owned by RAK Petroleum.
The disagreement escalated on Sunday, when the Iraqi prime minister Nouri Al Maliki threatened to take away the Kurdish slice of the federal budget if it pursued exporting via the pipeline, which has already loaded cargoes that are now waiting at Ceyhan.
“Turkey must not interfere in an issue that harms Iraqi sovereignty,” Mr Al Maliki told Reuters. “This is a constitutional violation.”
Mr Mercan repeated Turkey’s pledge to not release Kurdish oil without reaching an agreement with Baghdad.
“Turkey fully agrees to abide by the constitution of Iraq,” he said. “Whatever the constitution says, Turkey will have to honour this.”
ayee@thenational.ae
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COMPANY%20PROFILE
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Ticket prices
- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
What is double taxation?
- Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
- Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
- The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
- Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now