Iraq's crude oil exports in March were down by 5% to 2.417 million barrels a day on month, compared with 2.536 million barrels a day in February, according to people familiar with the State Oil Marketing Organization, or SOMO.
Iraq
's
crude oil exports in March were down by 5% to 2.417 million barrels a day on
month, compared with 2.536 million barrels a day in February, according to
people familiar with the State Oil Marketing Organization, or SOMO.
Bad weather in southern oil export terminals and a technical fault at a
northern export pipeline had slowed
Iraq
's
March oil exports, they said Tuesday.
Iraq
exported 2.102 million barrels a day from southern oil fields in March via
exports terminals in the Gulf, compared with 2.194 million barrels a day the
previous month, the people told Dow Jones Newswires.
Some 300,000 barrels a day were exported from northern oil fields to the
Mediterranean
port
of
Ceyhan
in
Turkey
,
compared with 327,000 barrels a day the previous month. Another 15,000 barrels
a day were shipped by trucks to
Jordan
, a
similar amount to the previous month.
Exports from a northern export pipeline, which carries crude from
Iraq
's
Kirkuk
oil
fields to Ceyhan, were resumed in the weekend after they were suspended for
nearly five days due to a pipeline leak.
Iraq
is
targeting to export an average of 2.9 million barrels a day in 2013, but so far
this year, the country hasn't reached even 2.5 million barrels a day.
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