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 ...
This just means the regime hasn't decided which outcome will screw up existing legal precedent more.
It would seem that Iraq would be better served by developing good ties with the Kurds and worrying about ISIS than filing lawsuits.
$100 million dollars buys a lot off ammo. Tough to let it go.
True, but what is the value of the Peshmerga helping Iraq fight ISIS vs just defending Kurdistan?
Since ISIS wants to take over the Kurd region as well, I don’t see this affecting what Pershmerga would do.
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.
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.
I suspect the Kurd region would fall first. My 2¢, nothing more.
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.
I don't know the answer but I do know it has a bigger mountain range into that area.
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