Iraq Southern Oil Exports Halted by Bad Weather

Source: Reuters 10/21/2012, Location: Middle East

Oil exports from Iraq's southern oilfields have been halted due to bad weather preventing tankers reaching port, and the stoppage may continue through Tuesday, Iraqi oil port sources said.

"Because of bad weather oil exports have been completely stopped... Tankers cannot reach port because of rough seas and they are concerned about accidents," one Iraqi port official told Reuters.

Crude exports from the country's southern oilfields through Basra port were just over 2 million barrels per day before the stoppage, the officials said.


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