Home
[size=36]Iraq's oil production rises to 4.7 million barrels per day[/size]
Economie| 11:34 - 07/09/2022
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
Baghdad - Mawazine News
, Iraq's production of crude oil increased by 67,000 barrels per day in August compared to July, but exports from the south of the country remained restricted due to delays in infrastructure modernization, according to data from the Iraqi Oil Marketing Company (SOMO).
The data showed that Iraq produced 4.651 million barrels per day of crude in August, which is consistent with its share under the “OPEC +” agreement, but exports fell 62 thousand barrels per day, which prompted Baghdad to direct the surplus from August supplies to storage tanks and domestic consumption, According to Reuters.
The increase in exports of Basra Governorate in southern Iraq did not succeed in compensating for a decrease in shipments by 45,000 barrels per day from the Kurdistan region of Iraq, as the governorate’s exports rose by only 25,000 barrels per day from July to 3.25 million barrels per day in August.
Iraq's attempt to increase its export capacity through its Gulf ports has faced setbacks due to delays in upgrading pumping stations.
The state-owned Basra Oil Company planned to increase the south's export capacity to 3.35 million bpd in August and 3.45 million bpd by September, compared to about 3.3 million bpd now.
The new target for export came after the Basra Oil Company missed the scheduled date to reach 3.45 million barrels per day in the second quarter of its export capacity.
, Iraq's production of crude oil increased by 67,000 barrels per day in August compared to July, but exports from the south of the country remained restricted due to delays in infrastructure modernization, according to data from the Iraqi Oil Marketing Company (SOMO).
The data showed that Iraq produced 4.651 million barrels per day of crude in August, which is consistent with its share under the “OPEC +” agreement, but exports fell 62 thousand barrels per day, which prompted Baghdad to direct the surplus from August supplies to storage tanks and domestic consumption, According to Reuters.
The increase in exports of Basra Governorate in southern Iraq did not succeed in compensating for a decrease in shipments by 45,000 barrels per day from the Kurdistan region of Iraq, as the governorate’s exports rose by only 25,000 barrels per day from July to 3.25 million barrels per day in August.
Iraq's attempt to increase its export capacity through its Gulf ports has faced setbacks due to delays in upgrading pumping stations.
The state-owned Basra Oil Company planned to increase the south's export capacity to 3.35 million bpd in August and 3.45 million bpd by September, compared to about 3.3 million bpd now.
The new target for export came after the Basra Oil Company missed the scheduled date to reach 3.45 million barrels per day in the second quarter of its export capacity.
[You must be registered and logged in to see this link.]
» utube 9/28/24 MM&C IQD Update News -Iraq PM - $83 Billion 3 Years - Stability - Global Contracts -
» MP: Strategic facilities in Iraq are fully secured
» Central Bank of Iraq sells more than $250 million in auction today
» Iraq is the fifth largest oil supplier to South Korea in the month
» Launch of the October social assistance payment
» Al-Sudani's advisor explains: Did electronic payment procedures contribute to preserving the dinar's
» Baghdad funds Erbil with 243 billion dinars to pay salaries of the region’s employees
» The Council of Ministers holds its regular session headed by Al-Sudani
» Prime Minister Makes Phone Call to Jordanian King
» Commerce announces launch of new food basket
» Warning to Iraqis: New ways to steal your money and smuggle it abroad
» Former MP: Parliament presidency decision postponed until further notice due to recent events
» Al-Kubaisi: Al-Halbousi has no choice but to support Al-Mashhadani for the presidency of Parliament
» Coordination Framework Leader: Weakness in Cybersecurity Equals Danger of Terrorism
» MP confirms proceeding with questioning the Minister of Transport
» Parliamentary complaint against the Minister of Finance due to the delay in releasing allocations to
» Document: Al-Sadr sues an Iraqi Foreign Ministry employee who refused to interrupt Netanyahu’s speec
» Nechirvan Barzani discusses several issues with the Russian ambassador, including the Kurdistan elec
» Al-Fartousi: There are no hazardous materials in Iraqi ports
» Two rounds of licensing for oil and gas investment in the next phase
» World Green Economy Summit Announces Program for 10th Session
» Minister of Industry counts the number of profitable government companies: I do not support their pr
» This is their value.. 9 American and Asian investment funds trade in the Iraqi market
» Minister of Planning: We have moved forward to draw a new map of the population reality in Iraq
» Completing the procedures for raising pensioners’ salaries in Iraq
» Two new rounds of oil and gas investment
» Start accepting service purchase requests
» State Administration Coalition confirms unity of Iraqi position
» Establishing 19 schools with international standards in Kirkuk
» Decrease in illiteracy rates in the region
» Purchase of service for insured workers for retirement purposes
» Implementation of 6 major projects in the capital
» Iraqi oil rebounds amid Middle East escalation
» Baghdad Today publishes the names of those covered by income-generating loans in the Ministry of Lab
» The crisis of fleeing the land of the cedars.. Kurdistan's eye on Lebanese investors, but! - Urgent
» "Air Peak" Enters the Skies of Two US Forces Bases in Iraq
» Revealing the number of citizens in the Hasabi project.. a different number to satisfy Baghdad
» An expert reveals the reason for the fragility of the Iraqi market: Countries want imports to remain
» Market Forces Committee recommends holding an Iraqi-Turkish forum in Baghdad
» Expert proposes a single proposal to confront the decline in oil prices and issues a warning to prod
» Head of Erbil Chamber of Commerce reveals steps to develop trade relations with Russia
» In Al-Sudani’s office, the State Administration Coalition discusses “dangerous” developments in the
» Maxim Malarjuk: Russia has made remarkable progress in the energy sector in the Kurdistan Region Sep
» Kurdistan Region.. More than 5 thousand service projects at a cost exceeding 4 trillion dinars
» Al-Awadi: The procedures for the withdrawal of coalition forces from Iraq began days ago
» Civil Service Council denies transferring job applicants to the third phase
» The Holidays Law does not include October 3 as an official holiday.
» The first conference on human capital development in Iraq kicks off
» Iraq confirms to Britain: The region faces serious challenges and a ceasefire must be reached
» Al-Sudani gives 48 hours to identify those responsible for security breach in Baghdad
» Government confirms the importance of continuing the work of the NATO mission in Iraq
» Dollar exchange rates rise in Iraqi stock exchanges today
» Full details of purchasing the service for insured workers for retirement calculation purposes
» Expectations of Israeli strikes reaching Iraq
» 16% during the current year.. Decrease in illiteracy rates in the Kurdistan Region
» Good news for retirees.. What about their salaries?
» MM&C 9/29/24 "THE EXPECTED PATH OF THE IRAQI ECONOMY"
» MM&C 9/29/24 What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud
» MM&C 9/29/24 What after the closure of the currency auction at the Central Bank of Iraq?
» Iraq doubles stock traders by 500%, US sanctions against banks will be lifted - Al-Haymas
» The Central Bank of Iraq discusses opening communication channels with the Spanish.. Al-Alaq meets w
» Central Bank Sells Over $263 Million in Auction Today
» Market Forces Committee recommends holding an Iraqi-Turkish forum in Baghdad
» The Central Bank determines the commission of exchange companies for selling the dollar
» House of Representatives amends tomorrow's session agenda
» Internal and external debts "exhaust" the Iraqi budget, and experts diagnose the reasons
» "One of the doors of corruption" .. Parliamentary Transportation Committee criticizes the food file
» House of Representatives amends agenda for tomorrow's session
» Interior: We have concluded more than 10 different contracts with the military industry
» Director of Iraqi Ports issues directives to Umm Qasr Port Management
» Drafting a draft law to regulate electronic payment
» Al-Sadiqoun to the Foreign Ministry: Why did the Iraqi representative to the United Nations not with
» Mr. Al-Hakim to the British Ambassador: The international community bears the responsibility to prev
» In detail.. Transport announces the completion of all sections of the five berths project within the
» Developing a new method for recycling plastic waste
» Popular movement criticizes the position of the Ministry of Foreign Affairs on what is happening in
» Parliamentary Committee Supports Imposing Collection Fees on Services
» Politician: Parliament presidency negotiations have been limited between Progress and the Framework
» Parliamentary Security announces its follow-up to the agreement with the coalition forces regarding
» MP: Our ability to combat airspace violations has tripled
» After the Baghdad-Washington agreement... fears of American evasion to continue the presence of its
» Governmental move to implement new infrastructure projects
» Iraqi Army Prepares.. High-Level Security Meeting to Confront "Any Emergency" (Video)
» Al-Haims expects lifting of "sanctions" on Iraqi banks: No violations proven
» With a length of 37 km.. Water Resources completes the dredging and purification of the Sabla dirt s
» Record high for house rents in Baghdad
» Market Forces Committee recommends holding an Iraqi-Turkish forum in Baghdad
» The presence of "explosive materials" in Iraqi ports raises controversy... What is happening?
» Iraq ranked 64th globally in the hunger index last year
» Law to regulate {electronic payment}
» New infrastructure projects
» Government Real Estate Statistics
» big goal
» The President of the Republic and the Prime Minister call for unifying ranks and words
» Government completes diplomatic action plan
» Completion of 11 industrial investment projects in Najaf
» {Service Government} has proven its effectiveness in word and deed.
» Al-Sudani discusses regional situation with EU representative