Iraq’s October oil exports rise to average 2.253m bpd

Iraq’s crude exports rose to an average of 2.253 million barrels per day in October. (File photo: Reuters)

Iraq’s crude exports rose to an average of 2.253 million barrels per day (bpd) in October, oil ministry spokesman Asim Jihad said, up from 2.07 million a month earlier.

September exports fell to their lowest this year on maintenance and work to expand Iraq's southern ports.

“Exports from the south recovered in the second half of October after maintenance work was completed at the ports,”
Jihad said.

That made up for a decline in exports via a pipeline running from the northern Kirkuk oilfields to the Turkish port of Ceyhan, which has been sabotaged repeatedly in recent months.

The average selling price of a barrel of Iraqi crude was $102.6 in October.

Of the 2.253 million barrels exported per day, 2.06 million were shipped from Basra, 193,000 were pumped through the
Kirkuk-Ceyhan line, and 8,000 were trucked to neighboring Jordan.
 

SHOW MORE
Last Update: Wednesday, 20 May 2020 KSA 09:41 - GMT 06:41
Top