The Turkish government has revealed that the flow of crude oil from Kurdistan to the Ceyhan port will restart during this week; once oil tankers are emptied. The oil flow stopped last week because the port attained its storage capacity allocated to Kurdistan of about 2.5 million barrels.
Ceyhan started exporting Kurdish oil on May 22nd; to date Turkey has traded approximately 4 million barrels of oil from Kurdistan to international markets. Moreover, oil market experts announced that three tankers would arrive to Ceyhan to transport 2.5 million barrels of Kurdish oil.
Turkey has declared that it is not implicated in the oil sale, and does not negotiate with the buyer or deal with price issues. Therefore, the fate of the crude oil stays ambiguous.