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Iraqi Kurdistan oil exports halve: industry sources

Gulan Media December 5, 2012 News
Iraqi Kurdistan oil exports halve: industry sources
-Iraqi Kurdistan's oil exports have halved to around 100,000 barrels per day in recent days, industry sources said, in what could be a result of its long-running dispute with Baghdad over payments to oil firms operating in the region.

An Iraqi oil official said on Monday the autonomous region had told Iraqi state oil firm SOMO that exports were reduced because operators were "facing some technical problems that will take some time to address".


An industry source in the region's capital Erbil confirmed that exports have been reduced to around 100,000 bpd.



Turkish energy sector sources reported last week that Kurdistan's oil exports to Turkey had fallen after its dispute with the Iraqi central government in Baghdad had led to a sharp decline in output.



Regional sources have said Kurdistan is not getting enough refined oil products to run its power stations under supplies controlled by the central government
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