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UPDATE: July exports dip despite rising Basra output

Northern exports fall due to political disputes and pipeline outages, but federal oil sales stay near record levels.
An Iraqi oil worker at the al-Basra Oil Terminal waits for a tanker to dock on Feb. 21, 2010. (BEN LANDO/Iraq Oil Report)

Iraq maintained near-record export levels in July due to rising output from Basra, which helped offset disruptions to northern oil sales caused by political disputes and pipeline outages.

The State Oil Marketing Organization (SOMO) reported an average 3.105 million barrels per day (bpd) of exports in July (a total of 96.245 million barrels), which is down from 3.187 million bpd in June and 3.145 million bpd in May, though more than in April.

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