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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by Rapax11on Dec 27, 2010 6:04pm
143 Views
Post# 17897715

Oil exports from Iraq's Kurdish north to resume

Oil exports from Iraq's Kurdish north to resume
The Associated Press20:16:54 27 Dec. 2010
Oil exports from Iraq's Kurdish north to resume

Cairo (AP) — Iraq's newly appointed oil minister says oil exports from the country's northern self-ruled Kurdish region will soon resume.

Abdul-Karim Elaibi told The Associated Press on Saturday the exports will be resumed "in the coming few days." He didn't set a date.

Exports from the north were halted a few months after they started in June 2009 amid a disagreement over payments between the central government in Baghdad and the Kurds.

Iraqi Kurds have unilaterally signed more than two dozens oil deals with Western companies that are deemed illegal by Baghdad.

Earlier this month, Elaibi's predecessor said the Kurds were committed to exporting 150,000 barrels a day. Iraq plans to export 2.25 million barrels a day next year, up from 1.9 million at present.

https://www.krg.org/articles/detail.asp?lngnr=12&smap=02010200&rnr=73&anr=38257
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