Iraqi Oil Exports Drop For Week

Tuesday, January 09, 2001
Iraqi oil exports plunged to 257,000 bpd as a single tanker was loaded in the week to Jan. 5, a U.N. spokesman said on Monday. The Astro Beta loaded 1.8 million barrels of Basrah Light crude from Mina al-Bakr, Iraq during the week. It was the only tanker to load Iraqi crude in the week, U.N. officials said. Iraqi crude exports have been sparse since Dec. 1 when Baghdad and the United Nations began a protracted row over oil pricing. In November, Iraqi oil exports were near 2.2 million bpd. Since the ninth six-month phase of the U.N.-administered oil-for-food program began Dec. 6, Iraq has exported 17.7 million barrels of crude, U.N. figures show. Four more contracts for the sale of Iraqi crude were signed in the week for six million barrels each of Kirkuk crude shipped from Ceyhan, Turkey and Basrah Light from Mina al-Bakr. Those are the only two authorized ports for Iraqi crude. But the U.N. Security Council has said it will approve exports through an Iraq-Syria pipeline if Damascus requests it. - (Reuters)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

World Stocks Tumble as Britain Votes for EU Exit

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money

Energy

VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

World Stocks Tumble as Britain Votes for EU Exit

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0801 sec (12 req/sec)