Basra-Oil-Terminal

Iraq’s April oil exports up despite militant attacks

: Monday, May 05 - 2014 @ 10:58

According to figures released by the Iraqi government, the country’s oil exports rebounded last month despite militant attacks that forced the authorities to stop pumping crude through northern pipelines bound for Turkey, AFP has reported. Iraq exported over 75 million barrels of oil in April, an average of over 2.5 million barrels per day, bringing in overall revenue of more than $7.5bn, the oil ministry said. All of those sales were made via export terminals in southern Iraq leading to the Gulf because militant attacks forced the suspension of exports via northern pipelines to the Turkish port of Ceyhan, said the ministry.

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Monday, May 5- 2014 @ 10:58 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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