Iraq Exports 2.6M BPD Oil

The Iraqi Ministry of Oil has confirmed that Iraq is currently exporting around 2.6 million barrels of oil per day from the south and north, including a plan to increase refining capacity through the expansion of some national refineries, such as the Diwaniyah and Maysan refineries. The primary source of exports is the southern ports, but they are occasionally affected by navigation issues in the Strait of Hormuz, in addition to some exports through Turkish and Syrian border crossings. Additionally, the national refineries are operating at full capacity, and long-term contracts are in place to secure a strategic stockpile of fuel, while the Iraqi company "SOMO" is negotiating to raise sales prices at the ports.

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