Basic question stalls Iraqi progress: Who owns the oil?

05/05/2003
Iraq could be selling oil already if not for politics.Storage at the terminal at Ceyhan, Turkey, which receives crude by pipeline from Kirkuk and nearby fields in northern Iraq, supplemented by oil from southern fields, holds an estimated 9 million bbl of oil.But the last tanker to load Iraqi oil there departed Mar. 20. Buyers won't lift oil of uncertain title.As of this writing, on Apr. 23, nobody knows who owns Iraqi oil.Meanwhile, hungry Iraqis depend for food and other basic supplies on foreigners they dislike who don't want to be in their country.Crude oil has begun to flow at diminished rates from southern fields. The 100,000 b/cd Daura refinery outside Baghdad has restarted...
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