Kurdistan Resumes Oil Production Amid Drone Attacks and Conflict
The Iraqi Kurdistan region has resumed oil production at all its oilfields except Sarsang after a series of drone attacks during the war. Kamal Mohammed, Minister of Natural Resources in the Kurdistan Regional Government, confirmed that oil production has restarted and all companies have returned to work. Oil production currently ranges between 220,000 and 230,000 barrels per day, part of which is used for domestic consumption.
The region had stopped oil production due to drone attacks on their energy infrastructure, but the federal government asked oil companies to resume operations in June. The Sarsang field was damaged by several drone strikes and has not yet resumed production.
Meanwhile, Iraq's oil exports have been rising again after a significant drop during the conflict. Exports averaged about 2 million bpd this month, with some tankers carrying Iraqi oil passing through the Strait of Hormuz after Iran granted permission for their passage.