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Economy

Kurdistan Cuts Out Baghdad in Oil Sales

The Kurdistan Regional Government decided last month to sell its daily production of 650,000 barrels direct to international markets.

  The decision by the Kurdistan Regional Government (KRG), taken in recent weeks, marks the latest escalation in a long-running feud with Baghdad over oil receipts. The KRG decided last month to sell its daily production of 650,000 barrels direct to international markets. Previously, it sold most of its crude …

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KRG Exported 571,021 BPD in June

KRG Publishes the Monthly Export Report for June 2015.

The Kurdistan Regional Government today publishes the Monthly Export Report for June 2015. The Kurdistan Regional Government (KRG) exported 17,130,639 barrels of crude oil (an average of 571,021 barrels per day (bpd)) in the month of June through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this …

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