19 Hrs
Source:
وكالة الأنباء القطرية
Iraq Boosts Oil Exports to 2.7M BPD
Iraq has increased its crude oil exports to approximately 2.7 million barrels per day, compared to about 200,000 barrels last May. The ministry is working to enhance oil transportation via tankers and the Iraqi-Turkish pipeline, aiming to boost exports from 300,000 to 700,000 barrels daily. This is part of an effort to reduce reliance on southern routes and mitigate the challenges associated with the Strait of Hormuz. Additionally, negotiations are underway for new projects to extend export pipelines from Basra to Haditha and Baniyas, with the goal of expanding the export network and increasing the flexibility of transporting oil to international markets.
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