Resumption of oil exports from the repaired port of Basra

Bertha News Agency views 27 2017-04-17

Two contractors at the South Oil Company said that on Sunday completed the repair work in the dock freight at the port of Basra oil damaged by the collision of a tanker last month.

Crude exports from the port of Basra were not affected by the March 24 incident, when strong winds caused a giant crude tanker to deviate and collide with pavement number one.

The two-million-tonne tanker has been anchored at the pier since early Monday morning and carries a shipment of light crude, the company's officials said.

Iraq, OPEC's second-largest producer after Saudi Arabia, exports most of its crude from the southern Basra region, with port capacity estimated at 1.8 million bpd.