Iraq’s autonomous Kurdistan region halted its oil exports on Sunday, accusing the central government in Baghdad of failing to make payments to companies working there in the latest clash in their long-running dispute over oil rights.
Iraq’s autonomous Kurdistan region halted its oil exports on the weekend, accusing the central government in Baghdad of failing to make payments to companies working there.
Iraq’s crude exports in March were the highest monthly figure in more than two decades and should continue to rise, oil ministry spokesman Assem Jihad said on Sunday.
Iraq’s autonomous Kurdistan region has halted its oil exports because it says the central government in Baghdad has failed to make payments to companies working there, the Kurdistan Regional Government said on Sunday.
Iraq’s crude oil exports rose to their highest level since 2003 in March, at 2.317 million barrels per day (bpd) from 2.014 million bpd in February thanks to a new offshore export terminal, the State Oil Marketing Organisation said on Sunday.