Basra, Kurdistan oil exports to keep momentum
Iraq is set to maintain high Basra levels as Kurdistan ramps up to record exports while transferring pittance to SOMO at Ceyhan.
A ship docks at the al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
Oil exports from southern Iraq are expected to average around 3 million barrels per day (bpd) at least through August, though total Iraqi export quantities are unclear as more northern Iraq oil is being sold as independent Kurdistan exports.
Southern exports have averaged slightly over 3 million bpd so far this month, according to ship loading data seen by Iraq Oil Report. Iraq exported 3.022 million bpd via the Basra Gulf in June.
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