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Iraq exports oil from the south 3 million and 163 thousand b / d since the beginning of March
Release Date: 2017/3/26 10:41 • 6 times read
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(Reuters) - Iraq's average oil exports from the south hit 3.163 million bpd since early March due to bad weather and falling production due to maintenance as the country seeks to comply with OPEC's agreement to cut oil production further, two oil sources said.
The two sources told Reuters that production in March fell by more than 210 thousand barrels per day, the size of the reduction required from Iraq in the OPEC agreement.
Production from Rumaila, the country's largest field, fell by about 70,000 bpd to 1.380 million due to maintenance work, they said.
Iraq has cut about 210,000 barrels per day from southern fields operated by international oil companies and other fields run by national oil companies.
The sources said that production from the north fell by about 30 to 40 thousand barrels since the beginning of March compared to February.
Oil Minister Jabbar Ali al-Luaibi told reporters in Kuwait, where a committee on monitoring production cuts, that Iraq is fully committed to the OPEC agreement.
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Release Date: 2017/3/26 10:41 • 6 times read
[Where - Continue]
(Reuters) - Iraq's average oil exports from the south hit 3.163 million bpd since early March due to bad weather and falling production due to maintenance as the country seeks to comply with OPEC's agreement to cut oil production further, two oil sources said.
The two sources told Reuters that production in March fell by more than 210 thousand barrels per day, the size of the reduction required from Iraq in the OPEC agreement.
Production from Rumaila, the country's largest field, fell by about 70,000 bpd to 1.380 million due to maintenance work, they said.
Iraq has cut about 210,000 barrels per day from southern fields operated by international oil companies and other fields run by national oil companies.
The sources said that production from the north fell by about 30 to 40 thousand barrels since the beginning of March compared to February.
Oil Minister Jabbar Ali al-Luaibi told reporters in Kuwait, where a committee on monitoring production cuts, that Iraq is fully committed to the OPEC agreement.
[You must be registered and logged in to see this link.]
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