{"id":6598,"date":"2023-04-11T18:06:08","date_gmt":"2023-04-11T18:06:08","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/iraq-petitions-us-court\/"},"modified":"2023-04-11T18:08:25","modified_gmt":"2023-04-11T18:08:25","slug":"iraq-petitions-us-court","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/iraq-petitions-us-court\/","title":{"rendered":"Iraq petitions US court to enforce oil export arbitration award against Turkey"},"content":{"rendered":"

ISTANBUL (Reuters) – Iraq has petitioned a U.S. federal court to enforce an arbitration award against Turkey related to Iraqi oil exports through a pipeline to a Turkish port, according to documents filed with the court.<\/p>\n

Under last month’s International Chamber of Commerce (ICC) arbitration ruling, Iraq was awarded damages in a case in which Baghdad accused Ankara of allowing the Kurdish Regional Government (KRG) to export oil without Baghdad’s consent between 2014-2018.<\/p>\n

The petition, filed with the U.S. District Court of the District of Columbia, requested from the court, “Recognizing, Confirming, and Enforcing the Final Award issued by the Arbitral<\/p>\n

Tribunal.”<\/p>\n

The arbitration ruling prompted Turkey to halt oil flows, corresponding to about 0.5% of global supply, on the pipeline to the Turkish port of Ceyhan. Baghdad deems KRG exports via Ceyhan illegal.<\/p>\n

Iraq’s federal government and the KRG signed a temporary agreement last week that would allow northern oil exports through Turkey to restart, but flows haven’t started, according to shippers.<\/p>\n

Turkey wants another case that covers the period from 2018 onward resolved before reopening the pipeline, sources have previously told Reuters.<\/p>\n

Iraq said on March 25 that it had won the arbitration case. According to a source familiar with the case, Turkey was ordered to pay Iraq around $1.5 billion before interest in a ruling that covers 2014-2018.<\/p>\n

Three days later, Turkey’s Energy Ministry said Iraq had also been ordered by the ICC to pay compensation to Ankara.<\/p>\n

\n

(Reporting by Can Sezer, Rowena Edwards; Writing by Daren Butler; Editing by Leslie Adler)<\/p>\n

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ISTANBUL (Reuters) – Iraq has petitioned a U.S. federal court to enforce an arbitration award against Turkey related to Iraqi oil exports through a pipeline to a Turkish port, according to documents filed with the court. Under last month’s International Chamber of Commerce (ICC) arbitration ruling, Iraq was awarded damages in a case in which […]<\/p>\n","protected":false},"author":8,"featured_media":6599,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-6598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3A0OK-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=6598"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6598\/revisions"}],"predecessor-version":[{"id":6600,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6598\/revisions\/6600"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/6599"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=6598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=6598"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=6598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}