Home Economy Iraq boosts southern ports oil export capacity to 4.6 mln bpd -statement

Iraq boosts southern ports oil export capacity to 4.6 mln bpd -statement

The Iraqi flag flutters at the opening of the second refinery for crude oil in Al-Dora complex in Baghdad on September 16, 2010.- AFP

BAGHDAD, Oct 29 (Reuters) – Iraq has announced that it has managed to boost oil export capacity from its southern ports to 4.6 million barrels per day (bpd) after adding a new floating terminal in the Gulf, Oil Minister Jabar al-Luaibi said in a ministry statement.

Iraq is experiencing output growth in it’s southern oil ports, while engulfed in a civil war.

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