Iraq says oil exports to rise by 300,000bpd
Baghdad, February 12, 2012
Iraq's oil exports will increase by 300,000 barrels per day (bpd) once a new Gulf crude export outlet starts loading within ten days, state-run South Oil Company chief Dhiya Jaffar told Reuters on Sunday.
Iraqi officials on Sunday inaugurated the new single point mooring outlet, but said crude loadings would begin in about a week to ten days once final testing was completed. - Reuters