Mooring lifts Iraqi exports

A new Gulf crude export outlet in Iraq’s southern oil hub of Basra is expected to increase the nation’s exports by around 300,000 barrels of oil per day during the first phase of a broader expansion.

High hopes: Iraqi officials have said they are targeting 2.6 million bpd by May for total exports.
High hopes: Iraqi officials have said they are targeting 2.6 million bpd by May for total exports.
Published 13 February 2012, 04:31Updated 10 July 2012, 10:41
Middle EastNorth Africa