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2018-04-02 09:30:00

IRAQ'S OIL EXPORTS: 3.45 MBD

IRAQ'S OIL EXPORTS: 3.45 MBD

REUTERSIraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the oil ministry said on Sunday.

Iraq's exports from the ports, managed by the central government in Baghdad, averaged 3.426 million bpd in February, down from 3.49 million bpd in January.

The semi-autonomous Kurdistan region exports about 300,000 bpd of crude from northern Iraq through a pipeline across Turkey.

There were no exports in March from the Kirkuk fields, located in northern Iraq but under the control of Baghdad, the oil ministry said in a statement.

Kirkuk oil exports stopped in October, when Iraqi government troops backed by Shi'ite paramilitary forces dislodged Kurdish fighters from the region.

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Earlier:

 SAUDI - IRAQI TALKS
2018, February, 16, 23:25:00

SAUDI - IRAQI TALKS

AOG - Saudi Arabia's Energy Minister Khalid al-Falih has said that the recent talks with his Iraqi counterpart stressed the need to strengthen commitment to a OPEC-led agreement to reduce crude output.

 

 IRAQ'S OIL PRODUCTION: 5 MBD
2018, January, 15, 09:55:00

IRAQ'S OIL PRODUCTION: 5 MBD

PLATTS - Iraq is nearing a production capacity of 5 million b/d, though it will comply with its quota under the OPEC production cut agreement, oil minister Jabbar al-Luaibi said.

 

 IRAQ'S OIL EXPORT UP TO 3.535 MBD
2018, January, 3, 15:40:00

IRAQ'S OIL EXPORT UP TO 3.535 MBD

PLATTS - Federal crude oil exports from Iraq's southern Persian Gulf terminals edged up in December to reach a new record high, averaging 3.535 million b/d, up 33,000 b/d from in November, the latest data from the oil ministry showed.

 

 IMF HAS IRAQ
2017, August, 16, 09:10:00

IMF HAS IRAQ

To strengthen financial sector stability, Directors encouraged the authorities to take measures to bolster supervision, and move forward with plans to restructure the statemdash;owned banks that dominate the banking system. They also encouraged strengthening the legal framework of the Central Bank, eliminating a remaining exchange restriction and a multiple currency practice, and accelerating implementation of AML/CFT and antimdash;corruption measures. Directors considered that the peg to the U.S. dollar, which provides a key anchor to the economy, remains appropriate.

 

 IMF BUYS IRAQ
2017, August, 3, 12:25:00

IMF BUYS IRAQ

The completion of the second review allows the authorities to draw the equivalent of SDR 584.2 million (about US$ 824.8 million), bringing total disbursements to SDR 1494.2 million about US$ 2109.7 million. The SDR 3.831 billion arrangement (about US$5.34 billion at the time of approval of the arrangement) was approved in July, 2016 and the first review was completed on December 5, 2016.

 

 KURDISH - IRAQI OIL
2017, March, 3, 18:40:00

KURDISH - IRAQI OIL

Crude oil flows from the Kirkuk fields in northern Iraq were briefly disrupted on Thursday after a Kurdish faction seized a pumping facility in protest at the policies of Baghdad and Erbil, adding a new threat to Iraq’s attempts to comply with Opec’s agreed cuts.

 

 IRAQ PLANS 3.6 MBD
2017, January, 11, 18:35:00

IRAQ PLANS 3.6 MBD

Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month.

 

 

Tags: IRAQ, OIL, EXPORTS
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