Workers at Tawke oil field in Iraqi Kurdistan. REUTERS/Azad Lashkari
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Authorities in Iraq's cash-strapped Kurdish region will withhold delivery of oil to the central government and export crude independently in 2016 to ensure revenue amid a global price slump, according to a senior lawmaker in the territory's parliament.The 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 the deposits in the rest of Iraq, according to BP Plc data.The Kurdish region exported 600,769 barrels a day of crude in November, up 0.9 percent from the previous month, according to a KRG statement on Dec. 9 .
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