VOL. XLIV

No. 04

22-January-2001

IRAQ/TURKEY

Turkeys Botas Seeks Compensation For Losses Caused By Iraqi Pipeline Closure

Turkeys Pipeline Petroleum Corp (Botas) briefed the UN Compensation Commission (UNCC) on 10 January in Geneva on its claim for compensation for losses totaling $1.252bn as a result of the closure of Iraqs Kirkuk to Ceyhan crude pipeline between August 1990 and 1996 in accordance with UN sanctions on Iraq following its invasion of Kuwait. Turkey formally made the claim in...