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Tag Archives: oil

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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Kurdistan Ramps Up Independent Oil Sales

Crude from Kurdistan used to flow through a Baghdad-controlled pipeline to the Turkish port of Ceyhan, but exports via that channel dried up in late 2012 due to a dispute over payments for oil companies operating in the region. (File photo: Reuters)

The Kurdistan Region has ramped up independent oil sales since mid-June while cutting allocations to Iraq’s state oil firm SOMO in an escalating dispute over export rights and budget payments. Kurdistan has sold at least 9 million barrels of oil in 11 tankers from the Turkish port of Ceyhan so far …

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