Gulf Oil and Gas accountACCOUNT

Iraq Basra Light Crude Exports to Rebound in April

Source: Reuters 3/11/2014, Location: Middle East

Iraqi exports of medium sour Basra Light crude oil will rebound in April to 2.58 million barrels per day (bpd), trade sources said.

The OPEC producer is reclaiming its rank as the world's fastest-growing oil exporter after it cleared many export bottlenecks at the southern Basra terminals.

Iraq's State Oil Marketing Organisation (SOMO) has scheduled to load a total 77.395 million barrels of Basra Light crude in April, versus 67.13 million barrels or 2.17 million bpd in March, one source said.

The grade is Iraq's largest crude export stream exported from the Basra Oil Terminal in the Middle East Gulf.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects

Oil News in Iraq >>

Saudi Arabia >>  11/13/2019 - Sadara Chemical Company (Sadara) and Baker Hughes have signed agreements through which Sadara will supply feedstock chemicals to a Baker Hughes chemic...
Kuwait >>  11/12/2019 - Honeywell (HON) announced that Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) to be the main au...

United Arab Emirates >>  11/12/2019 - ADNOC LNG has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 202...
United Arab Emirates >>  11/11/2019 - Penspen has been awarded a prestigious Project Management Consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (ADNOC). The f...

Oman >>  11/6/2019 - Rex International Holding subsidiary Masirah Oil has announced that it has awarded a drilling rig contract to Foresight Offshore Drilling, to utilize ...
United Arab Emirates >>  11/5/2019 - GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for whi...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.