Despite rising production, Iraq's monthly exports fell in August due to infrastructure delays and disruptions stemming from the rise of ISIS.
Production & Exports
After months of sporadic pipeline export sales and legal skirmishes with Baghdad, the KRG is still courting legitimacy on the international market.
While violence has taken Iraq's northern oil sector almost entirely offline, growing production and export capacity in the south is keeping Iraq afloat.
An Iranian ban on Kurdish crude and fuel exports eliminates a major route for companies to monetize production and threatens to further reduce KRG revenues.