Thursday Jan 29, 2015 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Iraq sues Greek shipping firm for transporting Kurdish oil

Iraq said it filed a lawsuit against Greek shipping company Marine Management Services (MMS) for its role in the export of crude from the Kurdistan region, which Baghdad says is illegal.

The case is the latest move by Baghdad to deter customers and thwart independent exports of crude from the autonomous Kurdistan region. The federal government claims sole authority to manage sales of all the oil in Iraq.

The Iraqi oil ministry said on Thursday that MMS operated five vessels that had transported oil on behalf of the Kurdistan Regional Government (KRG) from a Turkish port.

“MMS has actively facilitated the KRG's illegal export scheme, repeatedly ignoring warnings that the crude oil it was carrying does not belong to the KRG,” it said in a statement, which did not specify when and where the case was filed.

“MMS is liable for damages of at least $318 million, and possibly significantly more, as a result of its willing and active participation in the KRG's illegal crude oil export scheme.”

Athens-based ship manager MMS said it was not aware of any suit filed by the Iraqi government and maintained it was simply carrying out its business of transporting goods.

“We are not a party to this dispute, and any lawsuit filed against us by the Iraqi government is misdirected and ill-advised and will be robustly defended for lacking any basis and foundation,” MMS said in a separate statement on Thursday.

“The goods in this case are crude oil, which the KRG claims is rightfully theirs.”

MMS said if there was a dispute over the ownership of the cargoes, it had to be resolved between the government in Baghdad and the KRG “either through a political or failing that a judicial process.” [Reuters]

ekathimerini.com , Friday September 5, 2014 (13:42)  
Greece wants a debt break, but what about its poorer neighbors?
$11 billion wiped from Greek banks on nationalization threat
Investors turn on Tsipras’s campaign to end austerity in Greece
Reinstatement of minimum monthly salary at 751 euros
New Democracy looks to pick up the pieces
New Democracy’s executive committee is due to meet on Thursday as the conservative party begins the process of trying to heal the wounds from Sunday’s election defeat. Conservative leader An...
New Greek FM to address dispute with EU on Russian sanctions
Greece’s new Foreign Minister Nikos Kotzias will attempt on Thursday to clear up a dispute between Athens and the European Council when EU diplomats discuss whether to step up sanctions agai...
Inside News
SOCCER
PAOK strikes deal with Portugal´s Ricardo Costa
PAOK announced on Tuesday its agreement with Portuguese international defender Ricardo Costa. The Thessaloniki club added that the player is expected on Wednesday to undergo a medical test a...
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
Inside Sports
COMMENTARY
Greece puts mind over money
Whenever a public intellectual runs for or is appointed to high public office, people who think and/or write for a living tend to get very excited. At some point after that, they usually get...
COMMENTARY
EU must accept that Greek debt relief is inevitable
A prediction for you: Greece and the European Union will split the difference in their quarrel over debt relief. What's uncertain is how their respective governments will justify the new dea...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece wants a debt break, but what about its poorer neighbors?
2. $11 billion wiped from Greek banks on nationalization threat
3. Investors turn on Tsipras’s campaign to end austerity in Greece
4. Reinstatement of minimum monthly salary at 751 euros
5. Full speed backward for Greece’s energy policy
6. Bank deposits have lost over 7 bln this month
more news
Today
This Week
1. Investors turn on Tsipras’s campaign to end austerity in Greece
2. $11 billion wiped from Greek banks on nationalization threat
3. Greece wants a debt break, but what about its poorer neighbors?
4. Athens may veto further EU sanctions against Russia
5. Greek PM Tsipras pushes on with radical change, markets tumble [Update]
6. EU must accept that Greek debt relief is inevitable
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greeks fork out nearly 5 pct of their incomes on telecom services
5. Greek Elections 2015: The day after | LIVE
6. Poll shows SYRIZA leading ND by 4 pct
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.