The Baiji oil refinery had shut down on June 18th. It produces 170,000 b/d of petrol and other products. In addition to exports, it supplies northern Iraq and Baghdad, which now face fuel shortages.
The Kurdistan Regional Government (KRG) is trying their best to increase oil exports, with another two oil tankers due to be loaded at Ceyhan in Turkey this week.
Since the Islamic State of Iraq and the Levant (ISIL) have routed Iraqi security forces in the north of the country not a single oil export has been lost.
The U.S. Secretary State John Kerry is due to arrive in Iraq to have discussions with Prime Minister Nuri Maliki and other government officials.
Iraq Supreme Court certified the results of the nation’s April 30 elections on June 16th. The process to form a new government will be 60 days according to the Iraq constitution.
The new elected parliament is supposed to convene no later than July 1. Then the parliament has 30 days to name a president, and then the president has 15 days to nominate a new Prime Minister.