Oil exports rise for second consecutive month

KRG crude exports are still shut in due to the northern pipeline outage, but federal exports have increased further, nearing the maximum capacity of outdated Basra Gulf infrastructure.
Iraqi oil officials and representatives from field operator Lukoil tour new well complexes at West Qurna 2 in Basra on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)

Iraq’s federal oil exports rose again in June, the second monthly increase since April, even as the Kurdistan region's exports remained offline due to the continued shutdown of the northern export pipeline through Turkey.

According to preliminary Oil Ministry data,* Iraq exported 3.335 million barrels per day (bpd) in June, up from 3.305 million bpd in May and 3.288 million bpd in April.

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