Kurdish exports to hit 250k bpd next year
If the Iraqi Cabinet approves a new KRG-Baghdad oil deal, Kurdistan will agree to export a quarter-million barrels per day in 2013.
Tankers filling up at the Tawke field station in June 2008. (BEN LANDO/Iraq Oil Report)
Iraq's semi-autonomous Kurdistan region has agreed to increase its 2013 exports to 250,000 barrels per day (bpd) – part of a tentative deal intended to help resolve a long-standing conflict with Baghdad over oil rights.
Top leaders from the central government and the Kurdistan Regional Government (KRG) met Thursday to negotiate the details of the agreement, under which the KRG would increase exports and Baghdad would make payments to cover the costs of Kurdistan's contractors.
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