Iraqi Kurdistan plans second oil export line as output rises


  • World
  • Thursday, 31 Oct 2013

ISTANBUL (Reuters) - Iraq's northern Kurdistan region plans to complete a second new oil export pipeline to Turkey within the next two years as it ramps up its output independently of Baghdad, the region's natural resources minister said on Thursday.

Speaking at an industry conference in Istanbul, the Kurdistan Regional Government's (KRG) Ashti Hawrami said the second pipeline would have a capacity of at least 1 million barrels per day (bpd) and would be completed within the next 18-24 months.

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