MESOP FLASH : Court blocks KRG’s oil route to U.S. as Israel exports grow
By BEN LANDO AND PATRICK OSGOOD of Iraq Oil Report – September 24th, 2015 – A U.S. appellate court has effectively ended the Kurdistan Regional Government’s (KRG) efforts to bring its independent oil exports out of the shadows and into the mainstream marketplace by selling crude in the United States. With its path to the U.S. market blocked – and amidst enduring legal threats from Baghdad – the KRG’s growing exports remain reliant on arrangements with oil trading firms designed to disguise the identity of end-buyers and the financial terms of sale. www.mesop.de