| 2008: Iraqi oil exports increased by Five Hundred Thousand barrels a day |
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September 22, 2008 The navigation agents clarified that Iraqi oil exports have increased by more than 500 thousand barrels per day with the resumption of pumping oil from a pipeline was damaged by a bomb explosion, and the resumption of exports from the port of Basra, after the main impact of Ike Hurricane. The shipping agents said that exports amounted to 1.53 million barrels of approximately 860 thousand barrels a day before yesterday. The Iraqi oil official said that the North Oil Company completed last night the reform of the northern pipeline to Turkey which has damaged by the bomb explosion. He added that the line resumed pumping at full capacity earlier. The bomb explosion halted exports through the pipeline last week. The assistant pilots stated that the oil flow rate of 450 thousand barrels per day to almost the Turkish port of Ceyhan. He added that there are currently 1.35 million barrels in the port of Ceyhan tanks. The assistant pilots clarified that oil exports from the port of Basra and the port of Khor Al Amaiya al qareeb, southern Iraq rose to 1.08 million barrels a day from 860 thousand barrel in last Monday, after the export recovery from the impact of a storm. The level of exports from southern Iraq, still below the average of about 1.5 million barrels a day. And a bomb explosion caused in halting exports from the northern pipeline for the first time in many months. Source: Iraq Directory |