BAGHDAD, Aug 3 (Reuters) - Iraq's Kurdistan Regional Government (KRG) said on Monday it would allocate a portion of its revenue from direct crude oil sales to producing international oil companies starting in September.
The region's natural resources ministry said in a statement that it remained determined to build on a 2015 budget deal with Baghdad and would continue to facilitate oil exports from state-operated fields in Kirkuk via a pipeline network to Turkey.
Semi-autonomous Kurdistan has increased its independent oil sales since mid-June while cutting allocations to Iraq's state oil firm SOMO in an escalating dispute over export rights and budget payments.
(Writing by Stephen Kalin; editing by Jason Neely) ((stephen.kalin@thomsonreuters.com; +20 2 2394 8181; Reuters Messaging: stephen.kalin.thomsonreuters.com@reuters.net))
The region's natural resources ministry said in a statement that it remained determined to build on a 2015 budget deal with Baghdad and would continue to facilitate oil exports from state-operated fields in Kirkuk via a pipeline network to Turkey.
Semi-autonomous Kurdistan has increased its independent oil sales since mid-June while cutting allocations to Iraq's state oil firm SOMO in an escalating dispute over export rights and budget payments.
(Writing by Stephen Kalin; editing by Jason Neely) ((stephen.kalin@thomsonreuters.com; +20 2 2394 8181; Reuters Messaging: stephen.kalin.thomsonreuters.com@reuters.net))
