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Iraq resumes crude exports from Basrah Oil Terminal after 24-hour halt | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Iraq hiked August oil output, missed southern export targets | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
LONDON: Iraq’s crude oil output was 67,000 barrels per day higher in August than July but exports from the south of the country continued to be constrained by delays to infrastructure upgrades, data from state-owned marketer SOMO showed. Iraq produced 4.651 million bpd of crude in August, in line with its quota under an OPEC+ deal, the data seen by Reuters showed, but exports ....
Once an OPEC quota buster, Iraq struggles to raise oil output due to port limitations hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Iraq has lowered the production plateau target of its biggest oil field Rumaila to 1.7 million b/d from 2.1 million b/d owing to complexities associated with the project where BP and PetroChina are lead contractors, the head of BP Iraq told S&P Global Commodity Insights in a recent interview. Rumaila currently produces around 1.4 million . ....