Iran has upped its sales of oil products to Iraqi Kurdistan after completing four parallel pipelines that supply the region with 35,000 b/d of gasoline, diesel and kerosene, Iraq Oil Report says. Despite being a sizeable crude producer (MEES, 3 April), the KRG exports nearly all its 500,000 b/d output and thus depends heavily on products imports from Iran and Turkey to meet local demand.

With Iranian crude exports now below 250,000 b/d, Iran’s relatively modest products trade suddenly looks like a much more important source of export revenues. (CONTINUED - 89 WORDS)