Iraq crude oil production up in July as KRG oil trickles back online
Exports and output are rising, but Kurdistan's oil industry is still in crisis due to the northern pipeline outage.
Flares burn at a Basra Gas Company fluid separation plant at the Rumaila oilfield in Basra on Aug. 7, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)
Iraq’s nationwide crude production and exports increased in July from the prior month, as fields controlled by the Kurdistan Regional Government (KRG) saw incremental gains despite the ongoing shutdown of the northern export pipeline.
Production averaged about 4.55 million barrels per day (bpd), up from 4.47 million bpd in June, according to an Iraq Oil Report analysis based on data gathered from producing fields.** About 35,000 bpd of the production increase came from fields managed by the federal government, while KRG production increased by about 40,000 bpd, to roughly 144,000 bpd.
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