Iraq/Kurdistan: Iraqi Kurds Boost Oil Sales in Drive for Financial Independence

Oct 5, 2015 | Mais Al-Amouri, Bloomberg
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Iraq’s Kurdish region ramped up crude exports by 27 percent in September as the semi-autonomous enclave seeks greater financial independence amid a budget dispute with the federal government in Baghdad. The Kurdistan Regional Government exported 18.6 million barrels, or an average of 600,463 barrels a day, through the pipeline network to the Turkish port of Ceyhan, according to a statement on the KRG’s Ministry of Natural Resources website. In August, the KRG exported 14.7 million barrels of crude oil to the Mediterranean port.