The Ministry of Natural Resources in Iraq’s Kurdish region has denied reports that it ceased oil shipments to the national government’s State Oil Marketing Organization, Shafaq News reported June 3. Earlier in the day, Reuters had reported that Arbil was no longer transferring crude to the state-owned company. The Kurdish regional government confirmed that it was abiding by its previous energy agreement with Baghdad, which dictates that it export an average 550,000 barrels per day through Baghdad. The semi-autonomous region has made moves toward energy independence in the past, but the shared opposition to the Islamic State has brought Kurds into closer cooperation with the Iraqi government. Stratfor provides global awareness and guidance to individuals, governments and businesses around the world. We use a unique, intel-based approach to analyze world affairs. Copyright © 2015 Stratfor Global Intelligence, All rights reserved. Our mailing address is: 221 West 6th Street Suite […]