Kurdistan begins independent oil sales
The firs steps towards a new middle eastern nation are being taken today, with Kurdistan beginning sales of oil to Turkey. The Turks have been paying quite high prices for oil lately, so there is at least one satisfied customer but the economic price is just one part of the cost to consider. Iraq is clearly not happy as they feel it is their oil. Kurds might argue Iraq only ever existed (and was created) so that the British could get control of oil and have it delivered to the port of Basra.
The geopolitics of oil now have new factor in the complex equations of diplomacy. If Turkey Joins the EU there will be an oil state on the doorstep of the EU. Could a pipeline from Iran to Europe now be more feasible. Will Kurdish people flood to the newly cemented state?
Just like a new service station opening up in your town or city there are always flow on effect. Everything in the Middle east just got a little more interesting.
Good Luck to the Kurdish people.
Where is Kurdistan?
Kurds already control a region in Northern Iraq, but may want significant parts of Turkey, part of the border region of Iran and even some of Syria and Armenia.
With access to the oil trade some of these wishes may be fulfilled, but like any transaction is there a willing seller, and what will be the price?
Posted on December 5, 2013, in Education, Energy, Health and Healthcare, Iran, Iraq, Kurdistan, Land, Law & Government, Meme, Middle East, Original people, Peak Oil, Physical resources, Turkey and tagged Independence, Iran, Iraq, Kurdistan, Middle East, Oil, Turkey. Bookmark the permalink. Leave a comment.