Genel 'runs Iraqi gauntlet' on road to Turkey

Taking the high way: road to Turkey

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By Steve Marshall and news wires

 10 January 2013 15:33 GMT

Kurdistan producer Genel Energy apparently could risk having cargoes of crude exports being trucked to Turkey confiscated by the Iraqi government and face the threat of legal action, according to a report.

Genel is reportedly looking to ramp up truck exports by road to 20,000 barrels per day from its Taq Taq oilfield within the next few weeks as it faces an export halt on the main Kirkuk-Ceyhan pipeline due to a payments dispute between the Kurdistan Regional Government (KRG) and the federal regime.

However, Baghdad has dubbed the alternative road export route illegal and, as if to drive home the point, state oil company Somo on Thursday issued a statement saying any company caught carrying out exports without the co-operation of the central government could be penalised.

"The Iraqi Ministry of Oil and…

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