Highlights Iraqi production, including KRG, averaged 3.578 mil b/d Quota, including compensation cut, was 3.404 mil b/d SOMO says KRG only 79% compliant with agreed cut London — Iraq lowered its crude oil output in August to 3.578 million b/d, official figures showed Sept. 10, but remained above the 3.404 million b/d it had pledged to hold production to under the OPEC+ supply accord. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The production figure, provided by state oil marketer SOMO to S&P Global Platts, includes 3.122 million b/d of federally controlled output and 456,000 b/d from the semi-autonomous Kurdistan region. The breakdown shows that Iraq’s quota breach stems largely from the Kurdistan Regional Government’s unwillingness to bring its production down in line with the deal. Baghdad and Erbil had agreed to share the OPEC+ production cuts proportionally, but the SOMO figures show the KRG […]