Iraqi Kurdistan's Ceyhan pipeline that pumps oil to the Turkish port is finally back online after being offline for three weeks. The pipeline was to resume transporting oil on Friday 11th March, an industry source reported after Kurdish militants were suppressed by the Turkish army.
This will not only revive the already struggling Kurdish economy, it will also mean that they can begin pumping oil immediately, even possibly at the level they used to achieve, 600,000 bpd.
In the meantime, Turkey has provided the Kurdish economy some respite with a $200 million investment to Erbil.
"An emergency aid transfer has been sent to KRG (Kurdistan Regional Government) this week.... The halt has deprived the KRG of an important source of revenue," one of the sources said.