Iraqi Kurdistan will double its oil exporting capacity through Turkey industry sources said on Monday.
The Kurdistan Regional Government (KRG) confirmed plans to expand its oil pumping capacity from 280,000 bpd to 400,000 bpd, reports Reuters.
“There is further technical upgrade work ongoing right now and once that is finished, the pipeline capacity will reach its designed volume which is 700,000 bpd,” an industry source told Reuters.
Baghdad continues to label independent Kurdish oil exports illegal, however a continuous order book for Kurdish oil seems to have been established with at least two tankers a week being loaded with Kurdish oil at Turkish ports.
Kurdistan sells oil to US, defies Baghdad (29 July 2014)
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