Iraq’s 150,000 Bpd Oil Export Boost Delayed ...Middle East

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Iraq’s 150,000 Bpd Oil Export Boost Delayed
source : OILPRICE ( Middle East ) () 15
Iraq is experiencing delays in upgrading its oil export facilities at Basra, which also delay the planned increase in the oil export capacity of OPEC's second-largest producer, an oil source in Iraq told Reuters on Wednesday. Iraq plans to increase crude oil export capacity at its Gulf ports to 3.45 million barrels per day (bpd) from 3.3 million bpd. However, Iraq has seen in recent weeks delays in finalizing the tenders for the upgrade of pumping stations at the export terminals and in obtaining the approvals needed for the work, a representative…

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