Iraqi Production Rise Hits Hiccup
By Rafiq Latta
Iraqi production surged last year by some 300,000 b/d compared to 2011, and 2012 levels stand some 700,000 b/d higher than 2008, despite well-publicized delays on projects and a cut-off in Kurdistan Regional Government (KRG) contributions to northern exports. But a combination of lower southern exports and the Kurdish spat pulled Iraqi production down below the 3mn b/d mark for the second straight month in...