Iraq ups crude export capacity
Iraq Iraq SOC
“Oil export capacity has reached unprecedented levels after adding a new single point mooring with an additional export capacity of 900,000 bopd,” the statement read.
The news came days after Iraq increased crude exports from the Basra region in the south by 200,000 bopd after violence curtailed output at fields near Kirkuk in the north, Reuters reported.
On Friday, Kurdish and Iraqi pro-government forces which had fought battles as Baghdad took over Kirkuk and other disputed areas announced a ceasefire.
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