08 Aug 2012
(MENAFN) Kurdish Natural Resources Minister, Ashti Hawrami, stated that following 4 months of suspension, the autonomous region restarted producing oil to be exported via the Baghdad government’s pipeline, reported AP.
Hawrami said that the pumping, which started on Tuesday, is planned to reach 100,000 barrels per day (bpd) in 2 days.
The Kurdish region and the central government of Baghdad reached a tentative agreement in 2011, under which the Kurds will send crude to Baghdad which will sell it, with revenues to be split 50:50 between the two.
Nevertheless, the Kurdish region stopped pumping oil in April, saying that the central government didn’t send them their share of oil revenues.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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