Monday, September 23, 2024

Baghdad

Kurdistan oil exports decreased to half quantity

KIRKUK / IraqiNews.com: North Oil Company announced today that Kurdish crude oil exports to Turkish Cyhan terminal decreased in quantity.   The source told IraqiNews.com that “Kurdish exports were limited to 150.000 b/d through the Iraqi-Turkish pipeline to Cyhan terminal, but the quantity decreased by half since the beginning of September 2011.   No reason was given to the decrease in exports, which is a loss to the Iraqi economy. The source added that the present exports of North Oil Company reached to 600-650 thousand b/d.   Kirkuk lies 280 km northeast of the capital, Baghdad. RM (TP)/SR 468