Oil exports on rise in March

An oil rig is shown in this file photo.

An oil rig is shown in this file photo.

Published Apr 3, 2018

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INTERNATIONAL - Iraq exported 3.453million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the Oil Ministry said on Sunday. 

Iraq’s exports from the ports averaged 3.426 million bpd in February, down from 3.49 million bpd in January. The semi-autonomous Kurdistan region exports about 300000 bpd of crude from northern Iraq through a pipeline across Turkey. 

There were no exports in March from the Kirkuk fields, located in northern Iraq but under the control of Baghdad, the Oil Ministry said. Kirkuk oil exports stopped in October, when Iraqi government troops backed by Shia paramilitary forces dislodged Kurdish fighters from the region. 

- REUTERS 

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