Article: “…The pipeline is ready to transport any quantity specified by the Federal Ministry of Oil.” The pipeline is ready. They’re affirming it. They’re talking about within hours. Quote: “The Iraq-Turkish pipeline was ready to transport oil from the Kirkuk fields more than a year ago…it’s proved 100% readiness…The North Company says it has the ability to resume exports within hours if it receives notification from Baghdad.” That really rings true to what we’ve been saying…It can happen any time. Why haven’t they done it at 1310 the last year? Why wait 2 years? Why are they talking about Article 12 2 section C? Because it’s directly related to, I believe, that valuation of oil.
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