Iraq: Oil exports from Kurdish region to resume
AP - 13 mins ago
BAGHDAD (AP) — Iraq's oil minister says crude oil exports will resume early next year from the self-ruled Kurdish region.
Oil Minister Hussain al-Shahristani told reporters Monday that the Kurdish government has committed to exporting 150,000 barrels daily by next year. No exact date was given.
Exports from the north had been halted a few months after they resumed in June 2009 amid a disagreement between the Baghdad government and Kurdish officials over payments. The Kurds have sought greater control over oil in their crude-rich region while Baghdad has argued that the oil is a national resource, under the central government's control.
Iraq plans to export 2.25 million barrels a day next year, up from current exports of about 1.9 million barrels daily.
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