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Iraq's Southern Exports May Rise Marginally by September: SOMO

OIL

Iraq's southern oil export capacity may rise marginally to 3.35 million b/d by September from around 3.3 million b/d now according to a Platts interview with SOMO deputy director general.

  • SOMO expects Basrah Heavy exports to be around 1.1 million b/d in July and Basrah Medium 2.2 million b/d.
  • Iraq exported 1.120 million b/d of Basrah Heavy in June and 2.146 million b/d of Basrah Medium, with total southern oil exports reaching 3.266 million b/d, according to SOMO figures.
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Iraq's southern oil export capacity may rise marginally to 3.35 million b/d by September from around 3.3 million b/d now according to a Platts interview with SOMO deputy director general.

  • SOMO expects Basrah Heavy exports to be around 1.1 million b/d in July and Basrah Medium 2.2 million b/d.
  • Iraq exported 1.120 million b/d of Basrah Heavy in June and 2.146 million b/d of Basrah Medium, with total southern oil exports reaching 3.266 million b/d, according to SOMO figures.