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Iraq seeks to boost oil exports
The article discusses the efforts of the Iraqi Ministry of Oil to increase crude oil exports to 2.7 million barrels per day, with plans to boost the volumes through northern and southern outlets. This includes utilizing the targeted capacity of the Iraqi-Turkish export pipeline, which reaches approximately 700,000 barrels per day. It also notes that Iraq's current exports are primarily focused through southern outlets, and the ministry is working on enhancing tanker transport and increasing export capacity to maximize the use of existing pipelines and future projects. The goal is to boost the country's oil revenues amid the ongoing global Strait of Hormuz crisis.
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