VOL. XLII

No 45

8-November-1999

IRAQ

Iraqi Oil Exports Down 300,000 B/D In October

Exports by Iraq痴 State Oil Marketing Organization (SOMO) inOctober declined to 2.01mn b/d (860,000 b/d of Kirkuk and 1.15mn b/d of BasrahLight), compared to 2.33mn b/d in September and an average of 2.31mn b/d forthe third quarter, MEES findings indicate (see table below). While thereason for this sudden drop in exports is not clear, it is known that Baghdadhas been pushing production to maximum capacity and well...