Iraq: Exports Lag Due to Violence

Sep 5, 2014 | Ben Lando, Ali Abu Iraq,and Kamaran al-Najar, Iraq Oil Report
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Iraq's battle with anti-government militants has begun to hamper the country's exports, which fell in August to their second-lowest monthly average of the year.The State Oil Marketing Organization (SOMO) sold an average of 2.375 million barrels per day (bpd) last month, "with more than 25 million barrels rolled over from August nomination program into September," an official close to SOMO said.