Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

IRAQ

Southern Oil Exports Resume At 1.7Mn B/D; 200 Acts Of Sabotage Under US Rule

Iraqi oil exports from the Basrah Oil Terminal and Khor al-Amaya resumed on 7 July at 1.7mn b/d after a fire in the 42in export pipeline in the Faw Peninsula on 3 July halved exports to around 1mn b/d for around five days. There were no exports of Kirkuk crude from Ceyhan during the month of June, although MEES learns that a tender will be issued for July....