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Kirkuk Oil Export Talks Continue

Iraq in talks with KRG and Turkey over re-establishing Kirkuk exports

Iraq Oil Minister Jabar al-Luaibi has revealed that they are still in talks with Turkey and the KRG over the resumption of Kirkuk oil exports via the Ceyhan port.

Kirkuk's oilfields are currently producing around 220,000 barrels per day, which is then transported to local refineries. The oilfields exports having been suspended since the Iraqi military offensive regained control of the fields following the KRG independence referendum last year. The Kirkuk fields had previously been controlled by the Kurdish since 2014.

When under Kurdish control, the Kirkuk oil was transported through the Ceyhan pipeline at Khabur on the Turkish border. BP have estimated that the Kirkuk fields contain approximately 9 billion barrels of recoverable oil.

Source: Reuters  

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