Iraq’s oil exports rise in April with continued stop in Kirkuk supply

 Iraq’s oil exports rise in April with continued stop in Kirkuk supply
2014-05-04T13:22:33+00:00
“ 2.509 million barrels per day have been shipped from Basra , the highest level of exports from the south since 2003 ,” The ministry spokesman , Essem Jihad said in a statement reported by Reuters and briefed by " Shafaq News “.

He added that Iraq's oil revenues amounted to 7.576 billion dollars in April.

This figure is still less than the standard rate recorded by Iraq last February when it has exported 2.8 million barrels per day , the highest in 35 years.

The northern oil pipeline from Kirkuk to the Turkish port of Ceyhan is still stopped since by militants blew it up in the beginning of March.

The exports may increase if Kirkuk pipeline was fixed after Kurdistan Region approved the export of 100 thousand barrels per day through Iraqi network of pipelines in April " as a gesture of goodwill " with the continuation of negotiations between the two sides .

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