Middle East Economic Survey


No 27


Kurdish Oil Production Nears 250,000 B/D

Field production capacity is on the rise in both the Kurdistan Regional Government (KRG) area of northern Iraq and the southern producing areas controlled by the federal government in Baghdad. But while southern production is being constrained by limited export capacity to 2-2.1mn b/d and will continue to be so until at least the end of the year, KRG operated output is ramping up fast and is...