Iraq resumes pumping oil via Kurdish region to Turkey

Iraq resumes pumping oil via Kurdish region to Turkey

by Joseph Anthony
139 views

Iraq has resumed pumping oil from fields operated by state-run North Oil Company (NOC) via a Kurdistan Regional Government (KRG) pipeline to Turkey, a spokesman for the oil ministry in Baghdad has said.

About 70,000 barrels per day (bpd) are being pumped through the pipeline controlled by the Kurdistan regional authorities, spokesman Asim Jihad told Reuters, giving no further details.

Pumping stopped in March due to a dispute between the government in Baghdad and the KRG over the control of Kurdish oil exports.

The resumption of crude flows through the KRG pipeline should ease the financial burden on the autonomous government in Arbil that was hard hit by the collapse of oil prices two years ago.

You may also like

Leave a Comment

Chijos News is an independent online publication that provides readers with the latest breaking Nigerian news, world news, entertainment, sports, business, and many more.

@2024 – Chijosnews.com. All Rights Reserved.

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00