Iraq will boost oil exports after agreement on Kirkuk fields - BBG

Fouad Hussein, a member of the oil and energy committee of the Kirkuk provincial council, said by phone Sunday, Iraq, OPEC’s second-biggest producer, will increase crude exports by about 5% in the upcoming days, following an agreement to resume shipments from three oil fields in Kirkuk, Bloomberg reports.

Shipments will increase by about 150,000 barrels a day as exports resume from the Baba Gorgor, Jambour and Khabbaz fields. The three oil fields are operated by the state-run Northern Oil Co. but their export pipeline is controlled by the semi-autonomous Kurdistan Regional Government.

Iraq struggled to boost oil exports this year, with shipments from the northern part of the country hampered by the dispute with the KRG.