Nov 22, 2007

Iraq Reopens Kirkuk Pipeline; Ups Oil Exports to 2M bpd

Iraq has boosted its oil exports to almost 2 million barrels a day (bpd) after reopening a pipeline to Turkey and hopes to sharply raise output in 2008, a senior oil official said.
Falah Alamri, director general of Iraq's State Oil Marketing Organization, told an international security forum that exports were now about 1.8 to 1.9 million bpd, boosted by the 300,000 bpd now going from the northern Kirkuk region to the Turkish Mediterranean port of Ceyhan.
Alamri said that security had also improved on the southern pipeline which runs through the port of Basra but gave no details.
The northern pipeline reopened in August having been largely paralyzed by attacks and the decrepit state of Iraq's oil infrastructure since the US-led invasion of 2003.

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