RE: Iraq signs contracts with buyers of Kurdistan Region’s oil: Minister26 May 2023 13:56
There are talks about the En Zala and other fields, but if they have revenues, their revenues have not been included in the revenues of the Ministry of Natural Resources It is under the control of the Kurdistan Region and has been developed by the Kurdistan Government.”
"The production level of the Khurmala field is between 135,000 and 150,000 barrels per day, while the Bashik field produces 1,000 to 1,200 barrels per day, while the Sheikhana field produces an average of 54,000 barrels per day," he said.
According to the draft budget amended by the Finance Committee, the Kurdistan Region is at risk of losing 200,000 barrels of oil.
Although on March 25, 2023, the export of oil from the Kurdistan Region and Kirkuk was suspended due to a decision of the International Court of Arbitration in Paris, but on 04-04-2023, in the presence of Iraqi Prime Minister Mohammed Shia Sudani and Masrour Barzani The Kurdistan Regional Government (KRG) has not yet resumed oil exports after 38 days.
According to Rudaw, the damage caused by the suspension of Kurdistan's oil has exceeded 1.5 billion, as the Kurdistan Region exports 400,000 barrels of oil per day.
Friday, 26-5-2023, Dr. "This clause covers a number of fields, but mostly refers to the Khormala field, which is an extension of the Kirkuk field and about 150 per day," energy expert Govand Sherwani told Rudaw "It will produce 1,000 barrels of oil. According to this article, the level of production in the Kurdistan Region will be reduced. In addition, there are a number of fields located in Kurdish areas outside the Kurdistan Regional Government.
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