The stability of the export of crude at the rate of 3 million and 350 thousand barrels per day

by **claud39** Wed Mar 06, 2019 6:27 am

http://economy-news.net/content.php?id=15665

The stability of the export of crude at the rate of 3 million and 350 thousand barrels per day

03/06/2019

Economy News Baghdad

The Basra Oil Company, on Wednesday, the stability of the rate of export of crude through oil ports by three million and 350 thousand barrels per day.

"The export of crude oil through ports is stable by 3 million and 350 thousand barrels per day, while maintaining the ceiling of production of Basra crude as it is, Which is three million barrels per day in order to improve oil prices in the market and maintain the economies of producing countries and other countries and abide by the decisions of the Organization (OPEC) to achieve a balance in the global oil market.

"The investment contract for the South Integrated Project is still under discussion with international partners. The Ministry of Oil and Exxon Mobil and PetroChina are willing to follow up the discussion to reach a commercial formula on the distribution of profits for this project," he said. That "the project includes the development of a number of fields as well as the promotion of oil exports, and thus generate significant revenues."