Oil production in the Iraqi Kurdish regional government fell

While it is unclear when crude oil shipments from the Kirkuk Ceyhan pipeline, which carries oil from northern Iraq to the Ceyhan terminal, will resume, Kurdish regional government in northern Iraq Oil production continues to fall.

Turkey halted oil shipments from the Kirkuk-Ceyhan line on March 25, at the request of Iraq, following the compensation decision taken by the arbitration court against it. The line is one of Iraq’s main sources of oil exports.

A spokesman for the operator Genel Energy announced that there is no longer production in the Taq Taq field, which produces 4,500 barrels of oil per day.

A source close to the matter reported that production from the Khurmala oil field has fallen to about 50,000 barrels a day.

Iraq said in a statement last week that it had asked Turkey to reopen the line and expected oil flow to begin on Friday.

The source stated that Turkey has not yet responded to the request to resume the flow of oil from northern Iraq. (Reuters)