New exports, production from Basra
Iraq has launched its second SPM, increasing exports, and expects a 600,000 bpd increase in production by the end of the year.
Dhia Jaffar, the head of Iraq's state-run South Oil Company (SOC), announces the opening of a new single point mooring (SPM), part of Iraq's expansion of its southern export infrastructure. (ALI ABU IRAQ/Iraq Oil Report)
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