(Adds background)
By Rowena Edwards
May 2 (Reuters) - Iraq produced 3.938 million barrels
per day (bpd) of crude in April, down 262,000 bpd from March, a
source at state-owned crude marketer SOMO told Reuters on
Tuesday.
This level would mean the country produced almost 500,000
bpd below its April quota under the agreement with the
Organization of the Petroleum Exporting Countries and its
allies, known as OPEC+.
The production decline comes after Turkey halted Iraq's
450,000 bpd of northern exports on March 25 after an arbitration
ruling by the International Chamber of Commerce (ICC).
The outage has forced the majority of crude oil production
in Iraq's semi-autonomous Kurdistan region to be shut in.
(Reporting by Rowena Edwards Editing by Alexander Smith and
Mark Potter)
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