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Iraq To Appeal US Court Decision On Kurdish Oil
Reuters via Rig Zone ^ | August 28, 2014 | Reuters

Posted on 08/29/2014 8:24:13 AM PDT by thackney

The Iraqi oil ministry said on Thursday it would challenge a U.S. court decision that stopped U.S. Marshals from seizing some one million barrels of disputed Kurdish oil docked near Texas.

On Monday, a U.S. district court ruled in favour of a request by Iraq's Kurdish region that a demand by the Iraqi government for U.S. authorities to seize the Kurdish oil shipment be scrapped.

However, the court gave Baghdad 10 days to resubmit its case. "The ministry of oil is emphasising that it is preparing the amended request and will forward it in the required period," the oil ministry said in a statement.

"The decision of the court is only to lift the seizure of the shipment while at sea. Therefore they referred to American maritime law. This doesn't exempt (the oil) from any seizure decision when it arrives on American soil." The United Kalavrvta tanker, carrying about $100 million worth of Kurdish crude, has been anchored in the Gulf of Mexico for weeks…

(Excerpt) Read more at rigzone.com ...


TOPICS: News/Current Events
KEYWORDS: energy; kurds; oil; tanker
excerpted for Reuters
1 posted on 08/29/2014 8:24:13 AM PDT by thackney
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To: thackney
However, the court gave Baghdad 10 days to resubmit its case.

This just means the regime hasn't decided which outcome will screw up existing legal precedent more.

2 posted on 08/29/2014 8:30:01 AM PDT by immadashell (The inmates are running the asylum.)
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To: thackney

It would seem that Iraq would be better served by developing good ties with the Kurds and worrying about ISIS than filing lawsuits.


3 posted on 08/29/2014 8:37:57 AM PDT by Truth29
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To: Truth29

$100 million dollars buys a lot off ammo. Tough to let it go.


4 posted on 08/29/2014 8:45:13 AM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

True, but what is the value of the Peshmerga helping Iraq fight ISIS vs just defending Kurdistan?


5 posted on 08/29/2014 9:05:49 AM PDT by Truth29
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To: Truth29

Since ISIS wants to take over the Kurd region as well, I don’t see this affecting what Pershmerga would do.


6 posted on 08/29/2014 9:09:42 AM PDT by thackney (life is fragile, handle with prayer.)
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To: Truth29

The Kurds have suffered enough from their fellow Iraqis. It’s time to allow them full independence. Neither the Sunnis nor the Shiites are grown up enough to run a country.


7 posted on 08/29/2014 9:23:45 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: thackney

If the Kurds are patient there soon may not be an Iraq to dispute who owns the oil. Of course that doesn’t garauntee the Obama regime wont try and give it to ISIL.


8 posted on 08/29/2014 9:38:32 AM PDT by RightOnTheBorder
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To: RightOnTheBorder

I suspect the Kurd region would fall first. My 2¢, nothing more.


9 posted on 08/29/2014 9:40:36 AM PDT by thackney (life is fragile, handle with prayer.)
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To: RightOnTheBorder


10 posted on 08/29/2014 9:45:28 AM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

I see a lot of ISIL activity at and just inside the Kurdish region’s border. Are the Kurds keeping them from pushing in further, or is there not much of value in the interior of the region? I have seen a couple of recent articles indicating that the Kurds are reclaiming territory with the help of US bombing, and most notably they reclaimed the Mosul Dam.


11 posted on 08/29/2014 10:03:26 AM PDT by RightOnTheBorder
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To: RightOnTheBorder
Are the Kurds keeping them from pushing in further, or is there not much of value in the interior of the region?

I don't know the answer but I do know it has a bigger mountain range into that area.

12 posted on 08/29/2014 10:30:10 AM PDT by thackney (life is fragile, handle with prayer.)
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