Kirkuk oil exports plunge to 79,000 bpd in November

Kirkuk- The North Oil Company which supervises Kirkuk’s oilfields, 2014 Photo: KirkukNow


Exports from Kirkuk oilfields to the Turkish port of Ceyhan have fallen over the past two months by about 800 thousand barrels, with an avaerage price of US$ 59 per barrel.

According to statistics published by the Iraqi ministry of oil, overall exports from the country’s oilfields for November 2019 have reached more than 105 million barrels.

Asim Jihad, spokesman to the oil ministry, in a statement explained that throughout November, 2 million and 381 barrels were exported from Kirkuk to the Ceyhan port with an average of 79 thousand barrels per day.

He added that in November the average price per barrel was US$ 59,8 .

The shipments were down compared to October in which the oil exports averaged 2 million and 579 thousand barrels, while 3 million and 166 thousand barrels were exported in September.

Recently, the Iraqi oil ministry unveiled a plan to increase the production of crude oil in Kirkuk to 1 million barrels per day.

Oil exports from Kirkuk’s five main fields resumed in November 2018 after more than a year after exports were halted over tensions between the federal government and the Kurdistan Regional Government (KRG).

The oilfields of Havana and Bay Hassan which were under the control of the KRG before the October 16, 2017 events were producing 250

barrels per day, while the Baba Gurgur, Jambur and Khabaza oilfields were run by the Iraqi government.

The Iraqi federal government retook control of Kirkuk and other disputed territories following a military operation launched in October 2017 as a repercussion of a referendum on independence for the Kurdistan region of Iraq.


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