WELL THIS IS NOT GOOD FOR IRAQ'S GDP! WHICH IS HOW THE IMF/WB DETERMINE THEIR RATE OF CURRENCY~RED LILY

Iraqi oil exports, down 200 thousand barrels per day in June


07:49:21 / 06/2013


Khandan - According to sources in the oil sector and navigational data monitored by the agency "Reuters", that crude oil exports from Iraq's second-largest producer in OPEC fell by about 200 thousand barrels per day since the beginning of June due to the impact of bad weather on the loading operations.


The data showed that the average exports from southern Iraq - the main export port - amounted to about two million barrels per day in the 21 days of the month of June, down by about 200 thousand barrels per day from 2.198 million bpd in May.


In the past few months, Iraqi exports slowed after rising by a large margin in 2012.


Exports fell in May, also due to lower shipments of Kirkuk crude after the attacks on the pipeline in addition to maintenance work in the south.


It is not expected to continue to decline in exports in July because it mainly reflects the impact of bad weather on the tanker loadings and not a decrease in production or أعطالا the unexpected.


A source in the company to buy Iraqi crude "It was only because of the weather .. I believe that all things are good otherwise."






"Reuters"

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