(MENAFN) In order to make up for a shortfall from the northern Kirkuk fields, Iraq said it was increasing oil exports on Saturday from the southern Basra region by 200,000 barrels per day.
In the course of ongoing military operations, the output from the northern Kirkuk region fell this week, in order to take it back from Kurdish fighters who have been deployed since 2014.
According to a statement by the oil ministry quoting Oil Minister Jaber Al-Luaibi, the increase in Basra exports keeps Iraq's total output within the quota agreed with the Organization of Petroleum Exporting Countries.
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