Arab Today, arab today iraq oil exports plunge to 19month low in september
Last Updated : GMT 07:10:47
Arab Today, arab today
Arab Today, arab today

Attributing decline to improvement projects

Iraq oil exports plunge to 19-month low in September

Arab Today, arab today

Arab Today, arab today Iraq oil exports plunge to 19-month low in September

Halfaya oil field near southern city of Amara
Baghdad - Arab Today

Halfaya oil field near southern city of Amara Iraq\'s oil exports hit a 19-month low in September, oil ministry spokesman Assem Jihad said on Sunday, attributing the decline to maintenance and improvement projects at the country\'s ports. Iraq exported 62.1 million barrels of oil in September , or about 2.07 million barrels per day (bpd), Jihad said -- the lowest daily average since February 2012.
The country earned $6.511 billion from the exports, its lowest monthly figure in over a year.
Sales of crude, which account for the vast majority of Iraq\'s government income, had averaged 2.579 million bpd in August and raised revenues of $8.3 billion.
Jihad said the September decline was due to \"periodic maintenance activities for the southern ports and projects\" to add new floating oil storage facilities and increase the ports\' export capacities.
Iraq is heavily dependent on oil exports, and the government is seeking to dramatically ramp up its sales in the coming years to fund the reconstruction of its battered infrastructure.
Officials are aiming to increase production capacity to nine million bpd by 2017, a target that the International Monetary Fund and International Energy Agency have warned is over-optimistic.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq oil exports plunge to 19month low in september Arab Today, arab today iraq oil exports plunge to 19month low in september

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq oil exports plunge to 19month low in september Arab Today, arab today iraq oil exports plunge to 19month low in september

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday