ERBIL, Kurdistan Region — The Kurdistan Regional Government (KRG) in a monthly oil report released Thursday said due to the long-standing budget impasse with Baghdad it had no choice but to increase its independent oil sales in June.
“The KRG was obliged to increase independent sales due to significant debt backlog arising from budget cut of 2014 imposed by federal government,” read the statement released by the KRG Ministry of Natural Resources.
According to the statement in the month of June, KRG has exported 17,130,639 barrels of crude oil, making up an average of 571,021 barrel per day. The crude oil was shipped to the port of Ceyhan in Turkey through a pipeline from the Kurdistan region.
Comments
Rudaw moderates all comments submitted on our website. We welcome comments which are relevant to the article and encourage further discussion about the issues that matter to you. We also welcome constructive criticism about Rudaw.
To be approved for publication, however, your comments must meet our community guidelines.
We will not tolerate the following: profanity, threats, personal attacks, vulgarity, abuse (such as sexism, racism, homophobia or xenophobia), or commercial or personal promotion.
Comments that do not meet our guidelines will be rejected. Comments are not edited – they are either approved or rejected.
Post a comment