Iraq: Iraq Begins Heavy Oil Exports after Complaints about Quality

Jun 1, 2015 | Khalid Al Ansary and Anthony Dipaola, Bloomberg
View Original

Iraq, OPEC’s second-biggest oil producer, is set to increase exports after starting a new grade of crude to quell customer complaints about the quality of its oil. The Basrah Heavy crude will be exported for the first time starting Monday, shipped from the south on the Persian Gulf, Oil Minister Adel Abdul Mahdi said on his Facebook page. Orders for this month total 850,000 barrels a day, he said.