The Iraqi Oil Marketing Company (SUMO) announced that the country’s crude oil production in August remained steady at 4.638mb/d, compared with 4.632mb/d in July, reported Business Recorder. Furthermore, the country’s oil exports from southern ports rose to more than 3.230mb/d during the month.
In related news, the independent northern region of Kurdistan exported 12.763m barrels of crude oil in total during the month of August, an average of 411,727b/d, representing a 10% decline from July export volumes, informed Kurdistan24.
SUMO’s announcement comes as Iraq continues to put out fires at six oil wells in the Qayyara region, which Iraqi forces recaptured from Islamic State in August, with at least three fires still blazing, according to Reuter. The Qayyara region produces heavy sour crude and has a small refinery to process some of the oil.