UPDATE: Record year for Iraq oil exports

In 2017, federal Iraq averaged more daily crude exports than ever before and a 37 percent revenue increase over 2016.
A worker for Iraq's South Oil Company calls in an oil tanker to fill up at the al-Basra Oil Terminal in February 2010. (BEN LANDO/Iraq Oil Report)

Update adds Kirkuk and Kurdistan data

Iraqi oil exports from the Basra Gulf in December set yet another record, capitalizing on a steady uptick in crude prices and capping a breakout year in the oil sector for the federal government.

Iraq's average 3.535 million barrels per day (bpd) of exports in December was the fourth straight month of increasing loadings, according to preliminary data from the Oil Ministry released Tuesday, leaving southern Iraq with a record 3.309 million bpd average for the year.

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