The natural resources minister of Iraq's Kurdistan has said the region is ready to export oil at a rate of 100,000 barrels per day (bpd) through neighbouring Turkey, Aswat al-Iraq has reported. "Oil exportation from Kurdistan will start as soon as a new Iraqi government is formed," Ashti Horami was quoted as saying. Exports could rise to 500,000bpd by the end of the year Horami said.