Kurdistan Crude Flow Cut by 75,000 bpd on Technical Problem

Source: Reuters 12/11/2012, Location: Middle East

Crude flow from Iraq's autonomous Kurdistan has been cut by around 75,000 barrels per day because of a technical problem at Khurmala oilfield though the region's Tawke and Taq Taq fields are still at normal output, Iraqi oil sources said.

The three fields usual produce around 180,000 bpd from Iraqi Kurdistan, which has been caught in a long-running dispute with the country's central government in Baghdad over control of oil resources and territories.

Iraqi Kurdistan has in the past halted its share of national oil exports to protest for payments by the central government to oil companies working in its region. Baghdad made an initial payment to Kurdistan for foreign oil companies in October, but a second payment is still due.


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