Kurdistan Oil Exports to Rise to 20,000 Bpd

Source: Reuters 1/9/2013, Location: Middle East

Direct exports of crude oil from Kurdistan to Turkey may reach 20,000 barrels per day (bpd) in a few weeks, the chief executive of Genel Energy told reporters, in a sign that the trade which officials in Baghdad see as illegal is set to continue.

The export of crude by truck to Turkey demonstrates the Kurdistan Regional Government's (KRG) growing frustration with Baghdad as it moves towards greater economic independence.

"The KRG has given us approval to begin trucking relatively small volumes of crude," Genel CEO Tony Hayward told reporters, adding that exports of the oil would probably rise to 10,000-20,000 bpd in the next few weeks.

For more information about related Opportunities and Key Players visit Iraq Projects

Australia >>  6/30/2022 -  Oil lifting commencing today with record revenues anticipated
Seismic and well testing operations delayed
Battmin drilling program t...

Brazil >>  6/17/2022 - Petrobras, regarding the news published in the media, clarifies that by request of the Chairman of the Board of Directors, its Board of Directors held...

Canada >>  6/16/2022 - PetroTal Corp. is pleased to announce the following sales related update.

720,000 barrels of oil under contract for export from Bayovar. Ap...

United States >>  6/15/2022 - ExxonMobil released the following statement in response to a letter from President Biden.

We have been in regular contact with the adminis...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 

Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.