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Insurgent attacks blamed for sharp drop in Iraq oil exports
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SPECIAL TO WORLD TRIBUNE.COM
Wednesday, January 4, 2006
BAGHDAD — Iraq oil exports have declined to their lowest level since
mid-2003.
In December 2005, officials said, Iraqi oil exports dropped to 1.1
million barrels per day, Middle East Newsline reported. They said this was the lowest monthly figure since
Iraqi oil exports resumed in May 2003.
Iraqi oil exports averaged 1.2 million barrels per day in November 2005.
Officials said Sunni insurgency attacks have damaged pipelines and
refineries.
The insurgency strikes have hampered plans to export up to three million
barrels of Iraqi oil per day. Under the Saddam Hussein regime, Iraq exported
between 1.8 million and 2.5 million barrels per day.
Copyright © 2005 East West
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