Basra ... exporting more crude
Iraq Basra crude exports to rise to 3.4 mbpd in January
SINGAPORE, December 14, 2015
Iraq plans to export about 3.4 million barrels per day (mbpd) of Basra crude from its southern oil terminals in January, up 17.2 per cent from the previous month, trade sources said, citing a preliminary loading programme.
The rise in January exports is driven by Basra Light as exports of the lighter grade could hit 2.61 mbpd, they said, up about 23 per cent from the previous month.
Basra Heavy crude exports in January would be at 750,000 bpd, steady from the previous month, they said. -- Reuters
