Tag Archives: Iraq

Crude oil exports from southern Iraq are close to a record-high so far in September.

For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.

Iraq had oil reserves of 153 billion barrels as of last year.

Trade between Turkey and Iraq has been interrupted many times due to problems in Northern Iraq with the Kurdistan Regional Government (KRG).

Despite the lower purchases. Iran remained the third biggest oil supplier to India in August.

The country’s refining capacity is currently at more than 700.000 barrels a day.

AMPTC is owned by members of the Organization of Arab Petroleum Exporting Countries.

Iraq’s exports from the south were set on a record pace in August.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.

Iraq exported 3.543 million bpd of crude oil in July.