Oil exports from Iraq’s Kurdistan region decline notably

11 Sep 2011

(MENAFN) Iraq’s oil ministry said that crude exports from the Kurdish region fell from 160,000 barrels per day (bpd) in late August to between 50,000 and 60,000 bpd, reported Reuters.

The ministry added that the decline might be caused by a technical problem, adding that the impact would affect exports via Ceyhan port and the country’s total export level.

It also said that most of the country’s exports were shipped from the southern oil hub of Basra, whereas most of oil exports from the northern fields were transferred by pipeline to the Turkish port of Ceyhan.

It is worth noting that Iraq’s semi-autonomous Kurdish region and Baghdad’s central government have disputes over control of the northern oilfields. Last month, Iraq exported a total of 2.189 million bpd of crude including 461,000 bpd from northern fields, up from 2.164 million bpd in the previous month.

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