Kirkuk's oil export dropped by sixty percent

Kirkuk, a picture of North Oil Company, 2014 Photo: KirkukNow

KirkukNow

Kirkuk crude oil export to Turkey last month has dropped by a million and 700 thousand barrels, selling each barrel at $60.

Assim Jihad, spokesperson of the Oil Ministry, revealed that one million, 114 thousand and 35 barrels, equivalent to 36 thousand barrel per day, were exported from Kirkuk’s oil fields to Turkey through Kirkuk-Ceyhan oil pipeline.

Last December, two million, 827 thousand and 50 barrels were exported, equal to 91 thousand barrel per day, meaning oil export in Kirkuk dropped by a million,700 thousand and 15 barrels.

Based on the published data of the ministry, in January, 309 thousand and 90 barrels of crude oil exported through oil trucks to Jordan per both government’s agreement.

On January 21, British Petroleum (BP) withdrew from Kirkuk oilfields amid its disagreement with the central government over contract renewal.

The company was supposed to boost oil production to a million barrel per day according to its contract with the Ministry of oil signed in 2018.

According to the Ministry of Oil, crude oil export from the county’s oil field reached more than 102 million in January, generating a revenue of six billion and 195 million dollars.

From July 2017 to early months of 2019, oil exports from the five major oil fields in Kirkuk stopped because of the conflicts between the federal and regional government.

The two major Kirkuk oil fields, Havana and Bai Hassan were under the control of the Kurdistan Regional Government (KRG) which exported 250 thousand barrels of oil per day from the two fields.

Since the withdrawal of Kurdish forces on October 16, 2017 in Kirkuk, the federal government has controlled Kirkuk oil fields which are Havana, Bai Hassan, Khabaza, Jambor and Qubai Baba.

Kirkuk and other deputed areas came under the control of federal government through a military operation which reimposed federal authority and forced Kurdish forces to withdraw from the areas.

In 2018, prior to federal government agreement with KRG to export Kirkuk oil through Jihan pipeline, Iraqi government exported 30 to 60 thousand barrel of oil per day to Iran through trucks.

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