Exports stumble on infrastructure hurdles

Bad weather and inadequate infrastructure caused exports to fall in January, as Iraq scrambles to support a projected production boost.
Exports stumble on infrastructure hurdles
Tankers load at the Al-Basra Oil Terminal in the Basra Gulf (BEN LANDO/Iraq Oil Report)

Iraq oil exports fell slightly in January as the country suffered infrastructure constraints, ending a two-month increase that capped a record-setting year for revenues.The country sent to market an average of 2.106 million barrels per day (bpd) last month, according to early reporting figures from the State Oil Marketing Organization (SOMO) reviewed by Iraq Oil Report.Oil exports from southern oil terminals in the Arabian Gulf, which account for more than 80 percent of total exports, we...

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