Iraqi production robust, despite OPEC deal
As OPEC members reaffirm a quota agreement, Iraq has posted two straight months of elevated production.
Deputy Oil Minister Fayadh Nema (center left) and Basra Oil Company Director General Ihssan Ismaael (on Nema's left) attend a ceremony on July 15, 2019, marking one year since Royal Dutch Shell exited the project and Basra Oil Company took over as operator. (JASSIM AL-JABIRI/Iraq Oil Report)
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Iraq’s oil production remained strong in June, signaling a sustained recovery in output after a brief springtime reduction.
The federal government and the autonomous Kurdistan region together produced 4.83 million barrels per day (bpd)*, according to an Iraq Oil Report analysis based on data gathered from each of the country’s producing fields** – roughly consistent with the country’s May average.
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