Oil sales by the federal government continue to drop, while exports from the Kurdistan region remain steady. Tugboats position a single point mooring (SPM) buoy in the Basra Gulf in January 2012 as Iraq expands its export capacity. (ALI ABU IRAQ/Iraq Oil Report) Iraq’s nationwide oil sales dropped by more than 3 percent from September , averaging 3.858 million barrels per day (bpd) in October. * While loadings by the Kurdistan Regional Government (KRG) via the Turkish port of Ceyhan slightly increased, those exports were more than offset by a decline in federal exports from southern Iraqi ports.