The move comes after the United Nations Security Council decided not to vote on a new sanctions regime against Iraq, proposed by Great Britain and bac...
Iraq has halted the flow of oil through the Kirkuk-Yumurtalık pipeline on 4 June, in protest at plans to revamp the sanctions against the government of President Saddam Hussein. While allowing for a greater flow of imports to Iraq, the new regulations would also called for a tightening up of controls on the sales of smuggled oil to neighbouring countries, notably Turkey.
Ankara has come under pressure from Baghdad not to support the new sanctions policy, with threats that oil imports to Turkeys south east, one of the regions economic mainstays, would be cut off.
Despite the vote to extend the oil for food program, Iraqs ambassador to the UN, Mohammed Aldouri, said that the final memorandum of understanding formalising the agreement would not be signed until next week. No date has yet been set for the resumption of Iraqi oil exports through the Kirkuk-Yumurtalık pipeline.