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Iraqi Kurdistan's Immense Oil Wealth Means It Does Not Have To Answer To Baghdad


JUN. 25, 2014, 11:22 AM

Terrorists have taken over much of Iraq in recent weeks, leaving the Kurdistan Regional Government (KRG) in the country's north perhaps the most stable place within Iraqi borders. But the jihadist blitz isn't the only thing moving the KRG out of Baghdad's orbit.

An oil pipeline running from the autonomous Kurdish region of Iraq to the Turkish port of Ceylan, coupled with Kurdistan's extensive oil reserves and its impressive military force, means that Iraq's Kurdistan Regional Government is now almost entirely free of Baghdad.

Roughly a quarter of Iraq's oil lies within Iraqi Kurdistan — although this amount is thought to be significantly more now that the Kurds have de facto control over the oil and refinery rich city of Kirkuk. 

Turkey estimates that anywhere from 100,000 to 120,000 barrels of oil a day flow into the country from Kurdistan.

 About 2.3 million barrels of oil are being stored in Ceylan. 


Kurdistan is planning on increasing oil exports in July to 200,000 to 250,000 barrels a day, although the KRG wants to extract 400,000 barrels a day by 2015.

Even that undersells the KRG's long-term oil potential. The Kurds estimate that if they connect Kirkuk to its Turkey pipeline, it could process an additional 250,000 barrels a day. 

Baghdad has protested against the Kurds having the ability to independently sell their oil, and the central government has accused the KRG of plundering Iraq's natural wealth

But Baghdad's protests and its threats of blacklisting agencies that have handled Kurdish oil haven't amounted to much. 

It is even thought that Israel and the Russian oil company Rosneft have bought Kurdish oil, although details remain scant.

Iraq doesn't recognize or trade with Israel. If Kurdish oil has indeed ended up there, then it shows that the KRG feels little obligation to follow any of Baghdad's rules.

Iraqi Kurdistan also has its own independent deals with oil companies. Exxon Mobil and Chevron are just two of the companies currently employed in the Kurdish region. 

The Kurd's oil profits are currently stored in a bank account in Turkey. The Kurds say they will keep 17% of the profits, as agreed upon previously with the central government, while Baghdad is entitled to the rest. 

But given Kurdistan's immensely stronger bargaining position within Iraq in light of the jihadist group ISIS's recent takeover of much of the country, the Kurds are considering pushing Iraq to increase the Kurdish share of oil revenue to 25% of the total

It is also possible that the Kurds could opt to unilaterally declare independence from Iraq and keep the entirety of the oil profits for themselves.

Iraqi Kurdish President Massoud Barzani told CNN's Christiane Amanpour that he believed Iraq was falling apart and that the federal government had lost all semblance of control. 

Given the current state of affairs, Barzani said that “it has been proved that the Kurdish people should seize the opportunity now – the Kurdistan people should now determine their future.”

Hundreds of millions of dollars of monthly oil revenue would go a long way towards financing Iraqi Kurdistan's independence, if that's the course Iraq's Kurdish community eventually decides upon.

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The Chaunsa has a Brix rating in the 22 degree level which is unheard of!
Carabao claims to be the sweetest mango in the world and was able to register this in the Guiness book of world records.
Perhaps it is time for a GLOBAL taste test ???

In alphabetical order by Country....



Alphonso (mango)
From Wikipedia, the free encyclopedia

Alphonso (हापुस Haapoos in Marathi, હાફુસ in Gujarati, ಆಪೂಸ್ Aapoos in Kannada) is a mango cultivar that is considered by many[who?] to be one of the best in terms of sweetness, richness and flavor. 

It has considerable shelf life of a week after it is ripe making it exportable. 

It is also one of the most expensive kinds of mango and is grown mainly in Kokan region of western India.

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Mangoes date back 65 million years according to research ...

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The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 

After careful analysis of the fossil of the mango leaf and leaves of modern plants, the BISP scientist found many of the fossil leaf characters to be similar to mangifera.

An extensive study of the anatomy and morphology of several modern-day species of the genus mangifera with the fossil samples had reinforced the concept that its centre of origin is Northeast India, from where it spread into neighbouring areas, says Dr. Mehrotra. 

The genus is believed to have disseminated into neighb…

DHL (INDIA) makes gifting mangoes as easy as 1-2-3-....

Gifting mangoes is now easy with DHL
Announcement / Corporate

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Come this summer pamper your loved ones abroad with a box of delicious mangoes through DHL’s Express Easy Mango service, a unique one-stop-shop and hassle-free service for gifting mangoes all across the world.

This unique service by DHL Express, the world’s leading express company, allows customers to send mangoes from India across the world to the following countries Belgium, Canada, Czech Republic, Germany, Greece, Hungary, Hong Kong, Italy, Luxemburg, Maldives, Netherlands, Norway, Oman, Qatar Singapore, Switzerland and Sweden.

Mangoes can be availed of free of cost by merely paying for the Air Express service. In addition, DHL Express assists customers with the necessary paperwork along with procurement of quality-grade Alphonso mangoes.

Commenting on the new service, Mr. R.S Subramanian, Country Head, DHL Express India said: “With the advent of the mango season, it is no wonder that DHL Express Ea…