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Monday, 12/06/2010 6:16:57 AM

Monday, December 06, 2010 6:16:57 AM

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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.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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