KRG oil exports, reserves ready to grow

The day after Baghdad OK’s exports from the Kurdistan Regional Government’s oil deals, 100 thousand barrels per day (bpd) could start to flow, KRG Minister of Natural Resources Ashti Hawrami said.

Speaking to Iraq Oil Report by phone from Erbil, the KRG capital, Hawrami also said the KRG could increase production to a quarter million bpd by early 2010 as current producing fields will be enhanced and seven to eight rigs are drilling or will begin soon.