ABU DHABI — Iraq has reported record oil exports, which had dipped sharply during the war due to attacks by insurgents.
Iraqi Oil Minister Hussain Al Shahristani said Iraq has been exporting
up to 1.9 million barrels of crude oil per day. Al Shahristani, citing the
repair of the northern pipeline to Turkey, said this was highest export
level since the U.S.-led invasion of Iraq in 2003.
"Crude oil exports from Turkey's Ceyhan terminal have begun and the Oil
Ministry has repaired the pipeline and is providing round-the-clock security
through the Iraq Army," Al Shahristani said in a briefing in Abu Dhabi on
Tuesday.
The minister, who envisioned Iraqi production of 4.3 million barrels by
2010, said Iraq has reached a daily production level of 2.5 million barrels, Middle East Newsline reported.
He said the Iraq Army has taken over security of the northern oil pipeline
to Turkey. Previously, the facility was the responsibility of a security
force said to be dominated by Iraqi militias.
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