Basra Crude Oil Exports to Rise

By John Lee.

Platts reports that Iraq will export 3.257 million bpd of Basra crude oil in September, up 13 percent from August.

According to a provisional loading schedule seen by Platts, this will consist of 2.324 million bpd of Basra Light and 933,333 bpd of Basra Heavy grade.

This compares to 2.078 million bpd of Basra Light and 710,000 bpd of Basra Heavy planned for August.

August figures are said to be impacted by leak in a pipeline carrying Basra Light crude.

(Source: Platts)

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