Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Iraq's Kurds are boosting crude output threefold by the end of 2015 and plan soon to resume talks with the new central government, signaling that a battlefield partnership against insurgents is helping mend ties. The Kurds will increase production to 1 million barrels a day by the end of 2015 from a current level of 320,000, said Sherko Jawdat, head of the natural resources committee in the Kurdish region's parliament. The talks, which will include discussions about the Kurds' oil sales from February through July, will determine the role of the state marketing organization, known as SOMO, in Kurdish oil sales, he said.The KRG earned $1.3 billion from selling 14 million barrels of oil from February through September, with the money deposited at Turkey's Halkbank, Jawdat said.
FOLLOW THIS ARTICLE