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Oil output falls in Iraqi Kurdistan as pipeline outage nears 2 months

Tuesday, 23 May 2023 | 00:00

Oil production in Iraq’s Kurdistan region continues to drop as export flows to Turkey’s Ceyhan port show few signs of restarting after a stoppage that has lasted almost two months.

The 4,500 barrel per day (bpd) Taq Taq field is no longer producing into storage, a spokesperson at operator Genel Energy said.

The Khurmala field is now producing at around 50,000 bpd, according to a source familiar with field operations.

This is a reduction from 100,000 bpd a month ago, and 135,000 bpd before the pipeline halt.
Source: Reuters (Reporting by Rowena Edwards; editing by David Goodman and Jason Neely)

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