Posted on 02 February 2012 .
Iraq plans to ship 17 cargoes of Basrah Light crude oil from the Persian Gulf in the first half of February, according to a loading program obtained by Bloomberg.
This would be two cargoes more than in the second half of January.
A total of 28.06 million barrels, or 1.87 million barrels a day, will be loaded from Basrah Oil Terminal (pictured).
The program comprises:
Basrah Light is a so-called medium sour crude, which yields less higher-value refined products than benchmark grades such as Brent.
Loading programs are schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.
Dr. Mark A. DeWeaver
|Rising Yields a Plus for Stocks||Ahmed Mousa Jiyad||Transparency in Iraq’s Extractive Industry...|
|Ruth Lux||Baghdad’s Revenue-Sharing Deal: Avoiding a...||John Cookson||Tuesday is Next Deadline, but...|
|Madeleine White||Mobile Miracles – Educational Vision||Robert Tollast||Erbil, Iraq and the ISIL Offensive|
|John Schnittker||Water and Wheat: ISIS Weapons?||Tariq Abdell||Iraq: Reconciliation or Partition?|