Free Trial

Iraq Fields Maintenance Scheduled for Q1

OIL

Iraq has scheduled maintenance at three southern oil fields in Q1 2023 according to a Bloomberg source.

  • Maintenance work will take place on processing units at the Majnoon, Rumaila and West Qurna-2 fields.
  • Crude exports from Iraq are expected to remain unchanged with output met by other fields.
  • A full shutdown will be avoided with production halted on a partial basis and on one field at a time.
  • Iraq produced 4.43mbpd of crude in December in line with the OPEC+ target according to SOMO data earlier this week.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.