Kurdistan Region Oil Production Reaches 180,000 Barrels Per Day as Exports Resume

Shanya Salar 2 hours ago
A photo of one of the Oil Fields in the Kurdistan region
A photo of one of the Oil Fields in the Kurdistan region

Oil production in the Kurdistan Region has risen to 180,000 barrels per day, with exports through Turkey's Ceyhan port continuing to recover under the agreement between Erbil and Baghdad.

Production Reaches 180,000 Barrels Per Day

A source at the North Oil Company (NOC) said oil production in the Kurdistan Region has increased to 180,000 barrels per day (bpd).

According to the source, 130,000 bpd are delivered daily to Iraq's State Oil Marketing Organization (SOMO) for export through the Port of Ceyhan in Turkey, while the remaining 50,000 bpd are allocated for domestic fuel consumption.

Exports Expected to Reach 200,000 Barrels Per Day

According to the North Oil Company, oil exports are expected to increase to 200,000 bpd by the end of this month.

The source added that the Kurdistan Regional Government has been officially requested to restore export volumes to levels recorded before the Iran war, when exports averaged 200,000 bpd.

Basra Oil Shipments to Kirkuk Suspended

The increase in Kurdistan Region oil exports has also affected the movement of crude from other parts of Iraq.

Previously, 45,000 to 50,000 bpd of crude oil from Basra was transported by tanker to Kirkuk to supply the Baiji refinery. According to the source, those shipments have now been suspended because of the availability of oil from the Kurdistan Region.

Oil Companies Resume Operations

Oil fields across the Kurdistan Region have gradually resumed operations since late June.

The source said companies including HKN Energy at the Atrush field, Gulf Keystone Petroleum at the Shaikan field, and DNO at the Tawke and Peshkabir fields have restarted production.

The process is being carried out under the agreement between Erbil and Baghdad, which allocates 50,000 bpd for domestic fuel consumption.

Shanya Salar

2 hours ago