IRAQ

 

Kurdish Oil Output Set To Rise But Exports Elusive

 

In yet another week of scrambled messages between Baghdad and Erbil, foreign operators in the northern region are carrying on with their plans to produce more oil from their production sharing licenses in the hope that this year will see the resumption of oil exports. The volume of Kurdish crude held at Turkey’s Ceyhan port has reportedly risen to 1mn barrels, but Ankara has not yet authorized exports by the...