The average oil exports of southern Iraq about 3.63 million barrel per day in February

11/2/2019 17:59:00

Iraq's average crude oil exports from southern Iraqi ports hit 3.63 million bpd since the start of February, an Iraqi oil ministry official said on Monday.


"I expect the export rate to fall to 3.55 million bpd by the end of the month, in line with OPEC's supply agreement," Ihsan Abdul Jabbar, director general of the Basra Oil Company said.


Later, Iraqi Oil Minister Thamer Ghadhban told the press conference that he was "very optimistic" that the semi-autonomous Kurdistan region would abide by the agreement, which send more than 250,000 barrels per day to the central government in Baghdad.





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