Kurdistan Could Soon Start Shipping 250,000 Bpd Of Crude To Baghdad

The semi-autonomous Iraqi region of Kurdistan may begin deliveries by early next year of around 250,000 bpd of crude oil to the federal government in Baghdad for exports, Iraqi Oil Minister Thamer Ghadhban said. Under an agreement from two years ago, Kurdistan is obliged to send at least 250,000 bpd to Iraqi state oil marketing company SOMO to be exported via the pipeline to the Ceyhan port in Turkey, Reuters quoted the Iraqi oil minister as saying on television late on Thursday. The proceeds from the exports of these volumes are set to go to Iraq’s…