A flame rises from a chimney at Taq Taq oil field in Arbil, in Iraq's Kurdistan region, August 16, 2014. REUTERS/Azad Lashkari
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The Kurds are shipping as much as 600,000 barrels of oil a day from their fields and haven't sold any oil through the national marketing agency since June, Safeen Dizayee, a spokesman for the Kurdistan Regional Government, or KRG, said Monday.Iraq's minority Kurds, who historically have resisted control by Arab-dominated governments in Baghdad, are independently developing oil reserves they say may total 45 billion barrels – equivalent to almost a third of Iraq's deposits, according to BP Plc data.Increases this year in oil exports from OPEC's second-biggest producer may fall short of a fifth monthly record if the federal government and Kurds revive a dispute over crude revenue. The KRG's decision to export unilaterally suggests a December agreement between the two sides to jointly market crude from Kurdish fields is unraveling.Iraq is exporting the most crude in at least 25 years, even after Islamist rebels seized much of the country's northwest.
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