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Sources reveal the determination of Iraq to export record amounts of crude oil over the next June
5/13/15
Informed sources in the oil trade, on Tuesday, the determination of Iraq to export record amounts of crude from the southern ports in next June with the separation of its production to Khaman for the first time to solve the problems related to quality.
It quoted "Reuters" the sources as saying, that "Iraq's second-largest producer in OPEC allocated 3.1 million barrels per day of Basra crude to buyers in the initial program load in June, up from the monthly gross usual, which ranges between 2.6 million and 2.7 million barrels per day."
The sources added, that "this includes 1.22 million barrels per day of new heavy crude Basra in June, which constitutes nearly double the expected amount was reduced while Basra Light crude exports to 1.93 million barrels per day."
The Iraqi crude exports reached a record level last April when recorded 3.08 million barrels per day, including 2.63 million barrels of southern ports.
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5/13/15
Informed sources in the oil trade, on Tuesday, the determination of Iraq to export record amounts of crude from the southern ports in next June with the separation of its production to Khaman for the first time to solve the problems related to quality.
It quoted "Reuters" the sources as saying, that "Iraq's second-largest producer in OPEC allocated 3.1 million barrels per day of Basra crude to buyers in the initial program load in June, up from the monthly gross usual, which ranges between 2.6 million and 2.7 million barrels per day."
The sources added, that "this includes 1.22 million barrels per day of new heavy crude Basra in June, which constitutes nearly double the expected amount was reduced while Basra Light crude exports to 1.93 million barrels per day."
The Iraqi crude exports reached a record level last April when recorded 3.08 million barrels per day, including 2.63 million barrels of southern ports.
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