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Iraq aims to double KRG oil flows next year
['Enes Tunagur', 'Robert Harvey']
Zawya.com - All Regional News
Iraq aims to more than double crude oil flows through the newly reopened Kirkuk-Ceyhan pipeline by next year, said an official at Iraqi state oil marketer SOMO.
The reopening of the pipeline comes against a backdrop of rising global supplies as OPEC+ producers boost output to gain market share.
Iraq, meanwhile, has come under U.S. pressure to resume the Kurdish oil flows as U.S. President Donald Trump seeks to cut Iranian oil exports to zero under a maximum pressure campaign against Tehran.
Pipeline flows were running at 150,000-160,000 bpd on Monday after reopening on September 27.
Oil tanker Vallesina has been booked to load 700,000 barrels of Iraqi Kurdistan crude oil at Turkey’s Ceyhan port on October 2, two industry sources said on Tuesday.