Federal Iraqi exports increased slightly, but nationwide exports dropped steeply due to the total shutdown of the northern pipeline system and KRG oil sales.
Iraq restarts Qayarah oil field
China’s UNIPEC has bought the first 1 million barrels of heavy crude to be exported from Basra's Khor al-Zubair port.
Workers pump heavy crude into tanker trucks at the Qayarah oil field in Ninewa province on May 8, 2023. (Photo credit: Oil Ministry)