Iraq’s Southern Oil Exports Records 3.33 M b/d in April
Iraq’s crude oil exports from its southern ports has reached 3.33 million barrels per day (b/d) during April.
Iraq’s crude oil exports from its southern ports has reached 3.33 million barrels per day (b/d) during April.
Iraq's oil exports from its southern ports have declined during April to 3.25 million barrels per day (b/d).
Middle East Oil Refinery (MIDOR) will receive the Iraqi crude as the company decided to refine the amounts of crude on its own.
The refinery will have a production capacity of around 150,000 b/d.
Sonangol stated that it targets to increase the production capacity to 230,000 b/d.
The well testing resulted in a successful oil flow and has an initial production capacity of around 2,000 barrels of oil per day (b/d), which is expected to increase in the future.
Iran and Iraq are working on developing two oilfields, Naft Shahr and Khorramshahr, on their mutual borders.
The well has a production capacity of around 1,500 cubic meters of oil per day from the Mishrif formation.
The Ministry of Electricity and Renewable Resources began meeting with Jordanian officials to boost the capacity of the interconnector from 450 MegaWatt (MW) to 1,000 MW.
The US allowed Iraq to continue importing energy from Iran without sanctions for a 90-day waiver.