Iraq's southern oil output remains cut by leak
London, September 17, 2013
Oil pumping to Iraq's southern export terminals remained reduced due to a pipeline leak on Tuesday, according to shipping data, adding to the impact of planned work taking place.
The flow rate stood at 1.58 million barrels per day (bpd) on Tuesday, lower than normal, the data showed. Iraq exported 2.3 million bpd from its southern ports in August.
Iraq has cut output from the Rumaila oilfield due to the leak, sources said on Tuesday, while two berths at the Basra Oil Terminal are shut due to the early stages of planned work. – Reuters