Iraq March Crude Exports Rise to Highest Since 1980 :- Iraq Oil.
Iraq’s crude oil exports in March rose to the highest level since 1980, a year after former President Saddam Hussein came to power, an Oil Ministry spokesman said.
Iraq’s crude oil exports in March rose to the highest level since 1980, a year after former President Saddam Hussein came to power, an Oil Ministry spokesman said.
The export of oil from the Kurdistan Region of Iraq has been stopped from today because the federal government in Baghdad has not honoured its payment commitments, the Ministry of Natural Resources…
International companies recently named by state oil officials and the ministry of oil in Baghdad as being involved in talks to develop the Kirkuk oil field have written to the Kurdistan Regional Government…
The threat by Kurds to halt shipping their oil via national pipelines for export has prompted the Iraqi government to pay $650 to foreign firms working in their semi-independent region.
The Kurdistan Region is set to increase its oil production to 100,000 barrels per day (bpd) after the federal government decided to pay Iraq’s dues to the foreign companies operating in the region.