Iraq Raises Output at 3 Southern Oil Fields to Full Capacity as Export Tankers Arrive
Updated
Updated · Bloomberg · Jul 7
Iraq Raises Output at 3 Southern Oil Fields to Full Capacity as Export Tankers Arrive
2 articles · Updated · Bloomberg · Jul 7
Summary
Three key southern Iraqi projects — West Qurna 1, North Rumaila and Artawi — have been ramped up to full capacity, according to a person familiar with operations.
The increase followed a July 3 order from state-run Basra Oil Co., which oversees the country’s southern fields, directing operators to boost production.
Tankers have started arriving to load export cargoes, linking the production increase directly to Iraq’s ability to ship more crude from its oil heartland.