View Full Version : Iraq’s Oil Exports Remain Flat-Lined For Last Fourteen Months

06-11-2013, 03:23 PM
April 2013 saw Iraq return to its highest export levels in the last 30 years. Unfortunately, the industry still suffers from a number of major problems, which prevent it from being able to maintain those figures, and reach its lofty goals. Not only that, but the price for Iraqi crude saw a dip for that month, while problems with Kurdistan and insurgents also came up. Those are all reasons why Iraq’s petroleum business has been at a plateau for the last fourteen months. That doesn’t mean production is not growing, and things won’t change, but it will just take a lot longer than the Oil Ministry projects.

continued (http://www.musingsoniraq.blogspot.com/2013/06/iraqs-oil-exports-remain-flat-lined-for.html)