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Iraq’s SOMO chief says after OPEC agreement Iraq exported 2.9 million bpd: INA

Monday, 04 January 2021 | 17:00

Iraq oil exports have amounted to 2.9 million barrels per day, with revenues of $4.2 billion, following the recent OPEC agreement, Alaa al-Yasiri, the head of the state oil marketing company (SOMO) said in an interview with state news agency (INA).

The head of Iraq’s state-oil marketing company, SOMO, said on Saturday “the OPEC agreement positively affected Iraq”, state news agency INA reported.

Alaa al-Yasiri also said the quantity of oil exported from the Kurdistan region through the Turkish port of Ceyhan is running at 430,000 barrels per day, according to INA.

He added that SOMO has the capacity to intake the region’s oil that is meant for export, INA said.
Source: Reuters (Reporting by Nayera Abdallah)

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