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Iraq, Kurdistan to agree oil revenue deal by end 2011

07 April 2011

Adnan Al Janabi, chairman of Iraq's Oil and Energy Committee has said an agreement is likely to be reached in the second half of 2011with Kurdistan on revenues from crude oil exports, Reuters has reported. "The Kurd authorities requested it for June or July but I think we will miss it. I expect it later this calendar year," he said, adding that exports of crude oil from Kurdistan are now around 80,000bpd and could rise to 200,000 bpd by the end of 2011.

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