MESOP UPDATE: Iraq files for arbitration against Turkey, Botas

By Ben Lando of Iraq Oil Report –  May 23rd, 2014- Iraq on Friday took legal action against Turkey for facilitating autonomous oil exports by the Kurdistan Regional Government (KRG) without Baghdad’s approval. In a statement given to Iraq Oil Report on Friday, the ministry claims Turkey’s transportation, storing and loading of Kurdish crude oil over the past five months violates the treaty that governs the Iraq-Turkey Pipeline (ITP). The ministry has filed a request for arbitration at the International Chamber of Commerce in Paris against Tur… http://www.iraqoilreport.com/politics/oil-policy/iraq-files-arbitration-turkey-botas-12354/