KURDISTAN: DOUBLE OIL
Iraqi Kurdistan is set to double the capacity of its independent oil pipeline to at least 200,000 barrels per day by the end of this month, helping the semi-autonomous region increase exports and revenue, according to news site Reuters.
Oil revenues are a lifeline for the Kurdish Regional Government (KRG) in northern Iraq, whose peshmerga forces are being supported by U.S. air strikes in their battle against the radical Sunni militants of Islamic State.
"Work to increase the capacity will probably be completed by the end of this month. Once it is completed, pumping can increase to up to 220,000 barrels per day…
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