Iraqi Kurds approved to export oil

Published: Nov. 28, 2008 at 3:27 PM
Order reprints
Today's Price of Crude Oil
BAGHDAD, Nov. 28 (UPI) -- An Iraqi government official said Kurds in the province of Dahouk have been granted permission to export crude oil to international markets.

Iraqi Oil Minister Hussain Shahristani visited the region recently, after which ministry spokesman Asem Jihad said the Kurds had permission to ship oil to Turkey using a twin Iraqi pipeline.

The official did not say who would receive royalties from the shipments, but Kurds said production should reach 250,000 barrels a day by the end of next year. The three main oilfields in Dahouk should produce 1 million barrels a day in time, the Iraqi daily newspaper Azzaman reported Friday.

Azzaman said the Kurdish enclave in Iraq includes billions of barrels in three provinces: Dahouk, Arbil and Sulaimaniya.

Kurds are also interested in annexing the province of Kirkuk, where reserves are estimated at more than 15 billion barrels, the newspaper said.


© 2008 United Press International, Inc. All Rights Reserved.



Boston transit fare increase proposed (2 min)
Group of 14 to become summit fixture (7 min)
MLB: St. Louis 5, Milwaukee 1 (10 min)
Well-dressed begger says good clothes help (12 min)
Prosecutors drop Barry stalking case (18 min)
UPI NewsTrack Business (21 min)
NASA scientists study carbonate rocks (24 min)
fark
MoveOn.org draws a crowd of 30 demonstrators in Alabama. None miss work
People were looking for sexual favors on Craigslist in exchange for tickets to Michael Jackson's...
Toronto mayor tries to tell world everything is fine; cut off as press conference attacked by giant...
"If it weren't for overdraft fees, 45% of banks and credit unions wouldn't have made money in 2008"...
Woman's cunning attempt to elude police during car chase ends when she A. Hits a tree B. Runs out...
Obama: Poorer nations should fight harder against global warming. Poorer Nations: Obama should EABOD....