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Iraq's oil exports rise to record high


yota691
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Iraq's oil exports rise to record high

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Basra - Iraq Press -24 July: increased Iraqi oil exports from the southern ports in July to near record level where not affected by the conflict in other parts of the country, as shown by the data load and oil industry sources.

 

The average oil exports from Iraq's southern ports of 2.52 million barrels per day, according to Reuters data to track ships in twenty-three days from the first of July.

 

And to develop sources in the oil industry, they continue to also export similar estimates.

 

Said a trader in the company to buy Iraqi crude "no effect", referring to the impact of the turmoil on exports from the south.

 

"I do not think it will extend to that area."

 

Still the rate of exports in July so far, up from 2.43 million barrels per day in June when he caused maintenance and expansions in the oil port of Basra in slowing shipments and just shy of the average in May at 2.58 million barrels per day, the highest level of its kind since 2003.

 

Although it did not reach to the level of exports, which was targeted by Iraqi officials for the month of July at 2.6 million barrels per day. The trader said that the bad weather has led to some delays in shipments slightly this month.

 

The Iraqi oil supplies fell by the wars and sanctions lasted for decades. And the expansion of oil production in Iraq from the south since the companies signed a Western series of service contracts with Baghdad in 2010.

 

The total exports from Iraq's northern and southern ports at a record 2.8 million barrels per day in February. But exports of Kirkuk crude from the North have been stalled since the second of March, by the attacks suffered by the vector pipeline to Turkey, which made the total exports without its potential.

 

And Kurdish forces took control of the facilities in the Kirkuk oil field in the last 11 in the north in July and began the Kurdish region since the oil pumped through pipelines that stretch in its territory. Ended. M j.

 

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Morning Yota and DV,

 

Get this, the turmoil had, "no affect" and they reached record levels. This is coming from the Southern fields. Oil output has been phenominal lately. HCL needs to be codified!

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