Federal and KRG exports hold steady in February
A slight decline in crude loadings is offset by a $4 per barrel increase in price, as Iraq's output stays near record levels.
Loading arms at the terminal for Iraqi crude exports at the Turkish port of Ceyhan. (STAFF/Iraq Oil Report)
Iraq maintained near-record high levels of oil exports in February, with overall sales averaging 3.996 million barrels per day (bpd).
The export total includes 3.621 million bpd by the federal government, according to the Oil Ministry,* and 375,000 bpd by the autonomous Kurdistan Regional Government (KRG), according to industry officials familiar with exports.
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