50921
Uptick in Iraq Oil Exports
Uptick in Iraq Oil Exports

Uptick in Iraq Oil Exports

Uptick in Iraq Oil Exports

Iraq's oil exports from its southern ports rose to an average of 3.245 million barrels per day in September, from 3.230 million in August, the oil ministry said on Saturday. OPEC's second-largest producer also exported 935,270 barrels - an average of 31,176 bpd - via pipeline to the Turkish Mediterranean port of Ceyhan in September, the first full month for exports since the North Oil Company resumed pumping crude from fields it operates in Kirkuk, which the Kurdistan Regional Government controls, Reuters reported. That brought total exports for the month from fields operated by Baghdad and sold by Iraq's State Oil Marketing Company to an average of 3.276 million barrels, the ministry said in a statement. Baghdad and Erbil have agreed to split 50/50 revenues of Kirkuk flows, usually amounting to 150,000 bpd, at least until the end of the year. Besides Kirkuk, Iraqi Kurdistan produces around 500,000 bpd from its own fields and those will still be marketed independently by the semi-autonomous region.

 

Short URL : https://goo.gl/hvJqIt
  1. https://goo.gl/YyyN3e
  • https://goo.gl/znv7at
  • https://goo.gl/io4id1
  • https://goo.gl/9Bs3RD
  • https://goo.gl/1gJwnh

You can also read ...

Tabriz Oil Refinery
Operations to swap crude oil consignments shipped from...
An oil spill near Kuwait’s Ras al-Zour in Persian Gulf waters.
Major oil exporter Kuwait is dealing with another crude oil...
Domestic Firm to Build 1ts SP Phase 11 Platform
An unnamed Iranian company will build the first jacket...
Kharg NGL Project Gathers Momentum
Iranian Offshore Oil Company will hand over the development of...
NIOC could trim exports by at least 1 million barrels next month.
The National Iranian Oil Company has informed buyers in Asia...
Total SA Steps Up Renewables Drive
Oil major Total moved forward with its plan to expand in the...
Iraq Rules Out Further Crude Cuts
Iraq does not see the need for more output cuts now, but if...
Brent, WTI Prices Steady
Oil markets held largely steady on Tuesday, even as OPEC...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus