Kurdistan ‘restarts oil exports’

Oil-rich Kurdistan has restarted crude exports as a “goodwill gesture” to the central government in the south, according to a report.

The autonomous region in the north of Iraq has started to pump around 100,000 barrels of oil per day following a shut-in over a dispute with the Baghdad regime, Reuters reported on Tuesday.

“As we promised, today at around 12:00 we restarted pumping oil at around 100,000 barrels per day as a goodwill gesture towards the central government in Baghdad,” Reuters quoted an unidentified senior Kurdistan Regional Government official as saying.

A dispute over oil payments had led to the shut-in of exports. The central government has also been aggravated by a series of oil supermajors such as ExxonMobil and Total striking deal in Kurdistan without its consent.

Source: Upstream Online


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