Kurds will continue direct oil sales to overcome budget shortfall 8/10
Iraqi Kurdistan government to continue direct oil sales to overcome budget shortfall
Erbil: The Kurdistan Regional Government KRG has announced it will continue to work with its counterparts in the federal government to reach a resolution on all outstanding oil and gas issues per the joint statement of June 17, 2015 by the KRG’s Regional Council for Oil and Gas Affairs and the five political parties in the KRG, KRG statment said on Saturday. Oil exports from the Kurdistan Region dropped during July due to sabotage of the pipeline through Turkey. According to the monthly KRG, oil export report for July, 16,019,090 barrels of crude oil (average 516,745 bpd) were exported through the pipeline through Turkey. This is a 6.5 per cent decline over June when the KRG exported 17,130,639 barrels (average 571,021 bpd). gov.krd | Ekurd.net