11-08-2013, 02:32 PM
The maintenance work on Iraq’s southern oil infrastructure, which started in September 2013 continued into the middle of October. This is important construction as it is supposed to lay the foundation for further expansion of the industry that is planned for next year. As a result of the work however exports have been down for the last two months. The Oil Ministry wanted to boost output in October to make up for the cutbacks in September. The figures did go up last month, but were still down from the yearly average.