Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

IRAQ

Iraqi Oil Exports Returning To Normal

Iraqi crude oil exports are returning to normal once more following the attacks on the northern and southern pipeline systems on 15 and 16 June that shut the system completely for six days. The shipment of 200,000 b/d of Kirkuk crude to Ceyhan started on 22 June and Basrah Light exports resumed on 21 June with an initial average of around 700,000 b/d rising to 1.3mn b/d by the end of the week....