• 4 minutes Pompeo: Aramco Attacks Are An "Act Of War" By Iran
  • 7 minutes Who Really Benefits From The "Iran Attacked Saudi Arabia" Narrative?
  • 11 minutes Trump Will Win In 2020
  • 15 minutes Experts review Saudi damage photos. Say Said is need to do a lot of explaining.
  • 12 hours Iran Vows Major War Even If US Conducts "Limited Strikes"
  • 10 hours Europe: The Cracks Are Beginning To Show
  • 11 hours Memorize date 05/15/2018 cause Huawei ban is the most important single event in world history after 9/11/2001.
  • 45 mins Ethanol, the Perfect Home Remedy for A Saudi Oil Fever
  • 6 mins Hong Kong protesters appeal to Trump for support.
  • 58 mins Millennials: A boil on the butt of the work ethic
  • 27 mins A little something for all you Offshore swabbies
  • 7 hours Ban Fracking? What in the World Are Democrats Thinking?
  • 11 hours LA Times: Vote Trump out in 2020 to Prevent Climate Apocalypse
  • 9 hours When Trying To Be Objective About Ethanol, Don't Include Big Oil Lies To Balance The Argument
  • 2 hours Saudi State-of-Art Defense System looking the wrong way. MBS must fire Defense Minister. Oh, MBS is Defense Minister. Forget about it.
  • 2 hours Shale profitability
  • 10 hours US and China are already in a full economic war and this battle for global hegemony is a little bit frightening
  • 20 hours Yawn... Parliament Poised to Force Brexit Delay Until Jan. 31
  • 7 hours Let's shut down dissent like The Conversation in Australia
Oil Wealth Could Fund Free Education In This State

Oil Wealth Could Fund Free Education In This State

Money from New Mexico’s general…

China Just Got Handed The Oil Deal Of A Lifetime

China Just Got Handed The Oil Deal Of A Lifetime

China and Russia are sewing…

Damir Kaletovic

Damir Kaletovic

Damir Kaletovic is an award-winning investigative journalist, documentary filmmaker and expert on Southeastern Europe whose work appears on behalf of Oilprice.com and several other news…

More Info

Iraq And Kurdistan To Collaborate On Oil Production

Oil

Iraqi government-owned North Oil Co. and Kurdish Kar Group are cooperating on pumping the oil from two fields that halted operations following the government military action to take it over from Kurdistan Regional Government (KRG). Kurdistan forces had been there since 2014 when they ousted Islamic State militants.

The Bai Hassan and Avana oil fields near Kirkuk have been shut since October 19th, keeping at least 275,000 bpd offline. The Kirkuk-Ceyhan pipeline, operated by KAR Group, saw flows fall to 196,000 barrels a day last Thursday—down from 225,000 barrels per day the day before. Normal, non-wartime scenarios peg flow at 600,000 barrels per day.

Civilian workers at both fields were reportedly sent home following a build-up of Iraqi military forces around the sites. Oil Ministry engineers worked to replace computers and other critical equipment missing from oil fields.

Over the weekend, Iraqi authorities said they increased oil exports from the southern Basra region by 200,000 barrels per day to make up for a shortfall from the northern Kirkuk fields.

Last Tuesday, Iraq government forces completed an operation to seize control of all oil fields that Iraqi state-held North Oil Company operates in the oil-rich Kirkuk region from Kurdish forces.

The Kurdish forces, the Peshmerga, had previously held the oil fields around Kirkuk, but pulled out as the Iraqi forces advanced to the oil-rich region. The advance of the central Iraqi government forces in Dibis, home to the Bai Hassan and Avana oil fields, is part of an operation that Iraq’s Prime Minister Haider al-Abadi had ordered that sought to take control of Kurdish-held areas outside the autonomous Kurdistan region.  

Related: Kurdistan Proposes Immediate Ceasefire With Iraq

Following the overwhelming support for Kurdish independence in the referendum, the Kurdistan Regional Government (KRG) is seeking dialog to resolve all issues and has not declared independence in any part of Kurdistan. Iraq, for its part, says that the referendum is unconstitutional. On Thursday, Kurdistan authorities offered to freeze the result of September's referendum on independence and begin dialogue with Baghdad.

Kirkuk is the center of the struggle between Baghdad and Erbil as oil revenues are pretty much main income for the Kurds.

By Damir Kaletovic for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play