Iraq’s Kurdistan Regional Government (KRG) expects its oil exports to nearly double to around 500,000 b/d by early next year, providing income that Erbil hopes will allow it to break free of economic dependence on Baghdad.

There has been no recent progress in negotiations between Baghdad and Erbil on the dispute over oil sales and revenue sharing, despite the common battle against the Islamic State of Iraq and Greater Syria (ISIS) that had been expected to bring the two sides closer to a deal. (CONTINUED - 1247 WORDS)