Rising oil exports territory across Turkey after agreement with Baghdad


2016-09-09


An informed source said that crude oil exports from Kurdistan through the Turkish port of Ceyhan rise following an agreement with the Federal Government in Baghdad, sharing some raw sales revenue.

Exports rose to about 650, 000 barrels a day from its lowest point in five months what I recorded in August when a little over 400, 000 barrels per day.

Export includes 130 000 barrels of Kirkuk oil.

The territorial Government agreed with Baghdad last month to resume export Kirkuk crude through the pipeline, which was stalled since March that cargo-sharing 50-50 between Baghdad and Erbil.

The Iraqi oil marketing company began [Sumo] already share marketing Government of Kirkuk crude exported from the Turkish port of Ceyhan.


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