The semi-autonomous Kurdistan Region of Iraq’s domestic oil consumption is at 30,000 bpd, INA quoted Khaled al-Shawani, the KRG minister responsible for dealing with Baghdad, as saying.
Baghdad and the Kurds are discussing several scenarios for an agreement over production cuts, al-Shawani said.
The Organization of the Petroleum Exporting Countries and allies, a grouping known as OPEC+, are currently cutting output by 7.7 million bpd to support prices as the coronavirus crisis hammers demand.
Iraq relies almost entirely on oil for its state revenue.
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