Daily oil allocation for KRG one of last outstanding issues between Baghdad, Erbil: Iraqi oil minister Baghdad has allocated the Kurdistan Region 46,000 barrels of oil per day under a draft agreement seeking to resolve an ongoing oil export dispute, with Erbil insisting that 65,000 barrels are needed to meet the Kurdistan Region's daily energy needs. Iraqi Oil Minister Hayyan Abdul Ghani said, "We have agreed on almost all the clauses except this one." News
Iraq hopes oil reserves will exceed 160 bn barrels: minister Iraq plans to increase its crude reserves to over 160 billion barrels through new licensing rounds covering 29 oil and gas fields. News
News Daily oil allocation for KRG one of last outstanding issues between Baghdad, Erbil: Iraqi oil minister