Iraq plans to export 3.215 million barrels of oil next month
Economy News _ Baghdad:
Plans to the Iraqi Oil Marketing Company (SOMO) exported more than three million barrels of oil from Basra next month.
Two sources familiar with the matter said on Friday, as quoted them Reuters news agency, said that the company (SOMO) Iraq plans to export 3.215 million barrels per day of Basra crude in the month of June, and it slightly down from the previous month due to the decline in the supply of heavy crude product.
And they added, saying, quoting from the loading port of Basra in southern Iraq, it said June's exports include exports of 2.448 million barrels per day of Basra light crude and 767 thousand barrels per day of Basra crude heavy agenda.
He explained, that the heavy Basra crude supplies shrank 72 thousand barrels per day in a move likely to support the price premiums that spot crude hovered at more than $ 1.50 a barrel above the official selling price in the last two months.
The Iraqi Oil Marketing Company (SOMO), is the institution responsible for the oil marketing oil fields in Iraq.
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