USD 87.0354

-2.01

EUR 93.2994

-2.09

Brent 85.3

-0.14

Natural gas 2.889

-0.01

626

Iraq’s Southern Oil Runs As Smooth As Before

The sabotage on a pipeline on 27 March that halted the output is now totally eliminated and the production process is renewed

Iraq’s Southern Oil Runs As Smooth As Before

The sabotage on a pipeline on 27 March that halted the output is now totally eliminated and the production process is renewed. The attack shut the Bazargan, Majoon and Bin Umar oilfields, which had been pumping around 100,000 bpd.

Iraqi engineers connected a pipeline by-pass to allow output from the fields to restart despite extensive damage to a branch of the line from Bazargan.

Iraq used oil storage at both the fields and its main southern oil Basra terminal to minimize the impact on shipments.

Iraq's southern oil exports flowed at around 1.68 million bpd yesterday, up from around 1.44 million bpd on Saturday, a shipping source said.

Yesterday's flow was at the top end of the typical pumping range from Basra of 1.2 million bpd to 1.7 million bpd.

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru