Iraq Kurdistan to export 100,000 bpd – official

BAGHDAD / IraqiNews.com: The Iraqi Kurdistan Region’s oil revenues will go to the central government in accordance with agreements signed between the two sides, said a spokesman for the Kurdistan Alliance, noting the region will export 100,000 barrels per day (bpd). “The central government’s approval and ratification on the oil contracts concluded by the region’s government represent a good practical step to turn over a new chapter,” Mouayad Tayyeb told IraqiNews.com news agency. “The Iraqi Kurdistan Region’s government looks forward to building relations based on partnership and cooperation to remove all obstacles,” he said. Tayyeb added that the region’s government has nothing to hide in the oil-exporting process. “The government seeks boosting Iraq’s budget with additional resources.” He said that the next step to develop work in this field is to link 50 oil wells in various areas of the region through the Iraqi-Turkish pipeline that carries oil supplies to Ceyhan port. AmR (TP) 1448