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Kurdistan says oil production remains unchanged despite militant advance

  • The Kurdish Ministry of Natural Resources says that oil production in Iraqi Kurdistan remains unaffected despite the advance of Islamic State militants.
  • "The enemy has not been able to target oil operations. Oil production in the region remains unaffected and is being delivered to both the domestic and export markets," says the ministry. "The Kurdistan Regional Government is expecting that the producing companies will ramp up production in the coming weeks as ongoing export infrastructure improvements come online as planned."
  • However, many companies have started to evacuate staff and suspend operations at some fields in the region, including Chevron, Afren Oryx Petroleum and Genel Energy.
  • Kurdistan describes the firms' moves as "precautionary measures," and warned companies not to take any steps without close coordination with the Ministry of Natural Resources.
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Comments (6)
  • june1234
    , contributor
    Comments (2995) | Send Message
     
    Would make for a great cartoon. Spokesman for Kurdish gov assuring everyone everything is OK while oil workers are piling on first plane out of town in background
    10 Aug 2014, 10:40 AM Reply Like
  • sid18
    , contributor
    Comments (332) | Send Message
     
    http://bit.ly/XbjaWM
    10 Aug 2014, 04:46 PM Reply Like
  • capitolp
    , contributor
    Comments (683) | Send Message
     
    As Masterblaster would say," Who runs bartertown"
    10 Aug 2014, 12:24 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2661) | Send Message
     
    Does anyone believe this? They've lost control of the Mosul Dam, and Islamic State controls basically every city except Baghdad and Erbil, but the flow of oil hasn't been interrupted? Sounds like a PR move.

     

    At least the President stepped up and prevented genocide. Its the first strong foreign policy decision he's made in years.
    10 Aug 2014, 04:15 PM Reply Like
  • Hendershott
    , contributor
    Comments (1602) | Send Message
     
    Don'y underestimate ISIS ambitions. Or the lack of an actual Iraqi military. Malaki has withdrawn to Baghdad with his elite guard, abandoning everything north. The US and allies need to back the Kurds. Apparently, nobody else is going to, including Turkey, Iran, Saudi Arabia or any of the Arab states. We'll see who steps up if the production in the south is threatened. If nobody stands up, ISIS will just keep going.
    10 Aug 2014, 09:57 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4097) | Send Message
     
    Exactly, equip the Peschmerga now!
    10 Aug 2014, 10:00 PM Reply Like
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