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Iraqi oil exports from the south heading to a record high in August

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player46


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Iraqi oil exports from the south heading to a record high in August




08/20/2012 22:48

London. (Reuters) - data showed navigational monitored by Reuters that Iraq's oil exports from ports south rose 30 thousand barrels per day since the beginning of August so far compared to their level in the past month to near record a record level for the period after the war. data show that the average exports from southern Iraq reached 2.25 million barrels per day in the first 20 days of August. And the average exports in July 2.22 million barrels per day, the highest level since before invasion the United States in 2003, according to data and the International Energy Agency. Iraq exports most of its oil from the south. The operating platforms new export and investment from foreign companies to higher exports, which remained static at the same level for several years. He helped the high supply Iraq this year to rein in soaring oil prices at a time when targeting the Western sanctions Iran's exports. comes more oil from fields in southern Iraq, including the Rumaila occupied by me. BP and West Qurna 1 occupied by Exxon Mobil and Zubair developed by Eni Italian. Additionally Iraqi official said in July that the Halfaya field which is run by China National Petroleum Corporation pumped at least 80 thousand barrels per day, which contributes to the promotion of flows. Iraq has said that its exports overall, including about 300 thousand barrels per day from the north reached 2.52 million barrels a day in July. And may limit exports went down north of the increase in total supply Iraq in August. Iraq has exported around 400 thousand barrels per day from the north earlier this year even announced the Kurdistan Regional Government in April that it would halt flows of its oil because the companies operating there did not receive financial payments from the central government in Baghdad. hurt and crude product in Kurdistan in Kirkuk pipeline to export Iraqi oil. The program showed exports to download Kirkuk that supplies will be 197 thousand barrels per day in August only. But after the issuance of this program resumed Kurdistan oil export rate of 100 thousand barrels per day in an attempt to settle the dispute with Baghdad over payments. trader said that the flow of oil in the line extending from northern Iraq to the port of Ceyhan in Turkey was below the level of the program load in a fraction of a month on least. He added merchant "pumped 150 thousand barrels per day for several days in August., And stopped at several more days." and cut off flows while signed sabotage attack on the sixth of August damaging one of the pipelines between Kirkuk and Ceyhan

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