Kurdistan to Continue Exporting Oil Until mid-Sept

By John Lee.

Iraq’s Kurdistan is to continue pumping oil for export until 15th September, extending its deadline for the central government to make disputed payments to companies working in the region.

The KRG had halted exports for several months from the start of April over $1.5 billion it said was owed to foreign oil companies working in the region that Baghdad had allegedly withheld, but it resumed exports on 7th August.

“Kurdistan will continue exporting oil until September 15,” an official in the Kurdish natural resources ministry said, speaking on condition of anonymity.

(Sources: Reuters, AFP)

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