Kurdish Oil Production Reaches 80,000 bpd

Crude production from oilfields in Iraqi Kurdistan has reached about 80,000 barrels per day, but only about 50,000 bpd are being exported, sources at Iraq's North Oil Company said on Friday.

"We have between 45,000 and 50,000 barrels per day being pumped from the Tawke oilfield to the export pipeline, while crude from Taq Taq is transported by tankers to Kirkuk and used for domestic needs only," a senior NOC official told Reuters.

Norwegian oil company DNO said on Thursday it had boosted exports from Tawke to a test level of 50,000 bpd.

Reuters reports that an NOC engineer confirmed the production figures, saying crude from Tawke was being pumped to the Kirkuk-Ceyhan pipeline at an average of 50,000 bpd, while around 30,000 to 33,000 bpd from Taq Taq was being used for domestic refinery needs.

Dow Jones' source puts the export figure at 75,000 barrels per day [we believe they meant 'production' rather than export] with an expected average export for the month of 40,000 bpd.

(Sources: Reuters, Dow Jones)

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