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New Iraq oil exports by Jan. 31

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1New Iraq oil exports by Jan. 31 Empty New Iraq oil exports by Jan. 31 Thu Jan 19, 2012 1:28 pm

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New Iraq oil exports by Jan. 31


By Ben Lando and Staff of Iraq Oil Report
Published January 19, 2012

Tankers will start loading crude from new export terminals by Jan. 31, marking the completion of the first phase of a southern oil export expansion project.

"This is the most important project to be implemented in Iraq – not only in the oil sector but all of Iraq," said Oil Minister Abdul Karim al-Luaibi at a press conference Wednesday.

When all of its stages are complete, the multi-billion dollar project will add 5 million barrels per day (bpd) of export capacity through the Arabian ...

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