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Source: Kurdistan oil reaches the Baltic

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1 Source: Kurdistan oil reaches the Baltic on Fri Nov 20, 2015 2:08 am

Rocky


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Source: Kurdistan oil reaches the Baltic


11/20/15


BAGHDAD / Sky Press: trade sources and shipping data reported that the Kurdistan Region began targeting the Baltic crude markets in northwest Europe.
According to sources, the arrival of at least three ships loaded with oil from Kurdistan to the ports of Gdansk, the Polish and Lithuanian butting on the Baltic Sea in the months of October and November.
A source in the company engaged in trade in goods, "it was the first Kurdish supply up to northern Europe", to compete with the traditional Russian supplies and increase the supply glut in the region.
Trade sources said that the tanker loaded with oil from Kurdistan Sikinos reached port of Gdansk on the Baltic Sea in late October, although the port will see the arrival of another shipment on board the tanker Minerva Georgia in the current October November second.
The Minister of Natural Resources in the Kurdistan Regional Government, drastically, announced two days ago for the first time details of oil exports from Kurdistan, pointing out that the region's exports now up to ten countries.
And increases the arrival of supplies Kurdish competition between Russia and the OPEC market share, according to shipping data and traders Ba.kih.an Oorln the largest Polish refiner PKN company will transfer 100 thousand tons of Kirkuk oil to the Mazeikiu Nafta refinery in Lithuania this month.
The cargo was loaded in the Turkish port of Ceyhan on the eighth of November November second, and butting up in the Lithuanian port (11/22/2015).
Ba.kih.an did not provide the state-controlled immediate comment, but its chief executive said Jachik Crawak daily newspaper this week that the company's expansion of its supply base.

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