Iraq Oil Exports Up in November

Iraq's oil exports averaged 2.135 million barrels per day in November compared with 2.088 million bpd in October, according to Falah Alamri, head of the State Oil Marketing Organisation (Somo).

Iraq exported 1.712 million bpd from the southern oil hub of Basra and 423,000 bpd from the northern oilfields around Kirkuk, including 10,000 bpd shipped by trucks to Jordan, he said.

Meanwhile, oil ministry spokesperson Assim Jihad said that "The Iraqi Oil Ministry has made preparations to export more than 2.6 million barrels of oil per day by installing export structures including tankers and pipelines."

He added that "Iraq's oil production will surpass 3 million barrels of oil per day in 2012".

(Sources: Steel Guru, Trade Arabia)

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