Iraq to Receive 185,000 Barrels of Oil From Kurdistan as Exports Set to Restart
The halting of shipments from Kurdistan for nearly two years has left oil fields in the region in need of repair to restore their capacity.
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Iraq will receive around 185,000 barrels of crude oil a day from the semi-autonomous region of Kurdistan after exports resume via a pipeline to Turkey, a deputy Iraqi oil minister told the state-run Iraqi News Agency on Sunday without providing a time frame.
Basim Mohammed Khudair said the halting of shipments from Kurdistan for nearly two years has left oil fields in the region in need of repair to restore their capacity to export 400,000 barrels per day, the lowest rate pursuant to Iraq’s budget law.