Iraq’s crude oil exports in December fell by 11 per cent because of bad weather in southern oil export terminals and suspension of exports from the Kurdistan region in northern Iraq, people familiar with the State Oil Marketing Organisation, or SOMO, said Monday.
Crude exports fell to 2.348 million barrels a day, from 2.620 million barrels a day in November, according to the people. They added Iraq exported 2.023 million barrels a day from its southern oil fields in December, compared with 2.194 million barrels a day in November.
“There were days of bad weather at the export terminals in the Gulf,” one person told Dow Jones Newswires.
Iraq’s crude exports falls by 11 per cent | GulfNews.com
No comments:
Post a Comment