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2019-07-03 11:20:00

IRAQ'S OIL EXPORTS DOWN TO 3.52 MBD

IRAQ'S OIL EXPORTS DOWN TO 3.52 MBD

PLATTS - Iraq's crude exports in June fell to 3.52 million b/d from 3.572 million b/d in May, according to figures provided by the State Organization for Marketing of Oil (SOMO) exclusively to S&P Global Platts. The figures don't include the Kurdish region.

The June shipments included 3.39 million b/d from Gulf terminals, 105,000 b/d from Kirkuk through the Ceyhan terminal and 25,000 b/d of heavy Qayara oil transported by truck to the southern port of Um Qasr.

Of the Gulf terminals shipments, 74% was Basrah Light and the rest Basrah Heavy grades, according to the figures.

Stockpiles in the south rose 2.2 million barrels to 7.9 million barrels by the end of June.

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