Iraq exports continue upward trend
Oil sales climb again to records highs, as a new marketing structure and strengthening cooperation between Baghdad and Erbil spur growth.
Tugboats position a single point mooring (SPM) buoy in the Basra Gulf in January 2012 as Iraq expands its export capacity. (ALI ABU IRAQ/Iraq Oil Report)
HOUSTON - Iraq's oil exports are hitting record highs, as the country addresses some of the crude quality problems and political disputes that had recently constrained oil sales.
Exports rose to 3.077 million barrels per day (bpd) in April, according to an Oil Ministry statement – a 3 percent increase over March – setting another high-water mark for the post-Saddam Hussein era.
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