Iraq Will Boost Oil Exports After Agreement on Kirkuk Fields
- Exports will increase 150,000 barrels a day in next few days
- New oil minister said last week he saw resolution with Kurds
Northern Iraq Oil Exports Hampered by Dispute
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Iraq, OPEC’s second-biggest producer, will increase crude exports by about 5 percent in the next few days after an agreement to resume shipments from three oil fields in Kirkuk.
Shipments will increase by about 150,000 barrels a day as exports resume from the Baba Gorgor, Jambour and Khabbaz fields, Fouad Hussein, a member of the oil and energy committee of the Kirkuk provincial council, said by phone Sunday. The three oil fields are operated by the state-run Northern Oil Co. but their export pipeline is controlled by the semi-autonomous Kurdistan Regional Government.