Iraq’s Oil Ministry says Iraq has resumed exports from its oil fields around Kirkuk, one year after the city was seized by federal forces from the autonomous Kurdish administration in the north of the country.
Ministry spokesman Assem Jihad says an agreement was reached with the Kurdish Regional Government to export 50,000 to 100,000 barrels of oil per day, beginning Friday, through a pipeline that runs through Kurdish territory to Turkey.
Exports were halted in October 2017 after federal forces took control of the disputed city, costing the KRG millions of dollars in income as the two sides haggled over revenues and pipeline fees.
The Turkey pipeline is the only one available to Kirkuk for exports.
Jihad said the federal government would collect the revenue from the renewed sales.
Saudi Arabia, Iraq agree to work together to stabilize oil marketsIraq and Saudi Arabia agreed on Saturday to work together to stabilize oil markets, Iraq’s Oil Ministry spokesman Asim Jihad said, without ... Energy
Iraq to increase oil output and exports, waits on Iran sanctionsIraq plans to increase its oil output and export capacity in 2019, with a focus on its southern oilfields, and is close to reaching a deal with ... Energy
Iraq’s oil ministry aims to hike production capacity, new minister saysThe oil ministry aims to increase Iraq’s oil output capacity and will support foreign energy companies by helping them overcome any bureaucratic ... Energy
Iraq to halt Kirkuk oil exports to Iran, may resume them to TurkeyIraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United ... Energy