Iraq boosts oil export capacity at southern ports
Iraq boosts oil export capacity at southern ports
Baghdad - Al Maghrib Today
Iraq has increased oil export capacity from its southern ports by 900,000 barrels per day (bpd) to 4.6 million bpd after adding a new floating terminal in the Gulf, Oil Minister Jabar Al-Luaibi said in a ministry statement.
“Oil export capacity have reached unprecedented levels after adding a new single point mooring with an additional export capacity of 900,000 bpd,” the statement said on Sunday.
Iraq now has four operational single point moorings (SPMs) for loading oil tankers.
Last week OPEC member Iraq increased oil exports from the southern Basra region by 200,000 bpd to make up for a shortfall from the northern Kirkuk fields.
The country reluctantly agreed in November to an OPEC deal to cut production in a collective effort aimed at boosting oil prices.
It had argued that it should be allowed to produce at will to make up for three and a half decades of disruption due to wars and sanctions.
Oil exports from Iraq’s southern fields reached to 3.240 million bpd in September. Iraq ships the bulk of its oil exports from its southern terminals on the Gulf.
Source: arabnews
- Monday ,15 January GMT 17:47 2018 ‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’s
- Sunday ,07 January GMT 19:27 2018 UAE pledges to distribute 70% of VAT proceeds to help fund community projects
- Wednesday ,03 January GMT 11:35 2018 Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipment
- Wednesday ,03 January GMT 07:30 2018 Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in Decline
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 17:58 2018 Tuesday ,23 January
Russia 'bears responsibility' for Syria chemical attacks: Tillerson
GMT 06:12 2015 Sunday ,17 May
Malaysian FM to meet Indonesian, Thai counterparts on migrants
GMT 13:20 2017 Thursday ,10 August
Moon to spoil meteor show: astronomers
GMT 07:45 2017 Tuesday ,17 October
Neutron star smashup 'transforms' our understanding of UniverseGMT 17:05 2011 Thursday ,04 August
Serbia, KFOR draft deal on Kosovo border crisis
GMT 17:41 2018 Sunday ,14 January
Chelsea stumble as Pardew gets first Baggies winGMT 10:50 2011 Tuesday ,11 October
\'Clean energy revolution\' crucial to ensure growth in poorer states
GMT 14:47 2017 Friday ,05 May
Yemen's media stoke the conflict currently ravaging the country
GMT 05:21 2017 Friday ,24 March
Florida eco-friendly town opens for business
GMT 21:34 2017 Wednesday ,22 February
No escalation of NATO's military presence in Black Sea: Bulgarian defense chief
GMT 07:00 2014 Thursday ,09 January
3 Moroccan novels shortlisted
GMT 11:27 2017 Wednesday ,19 July
Esma Voloder: ‘Islam is about unity’
GMT 23:09 2017 Wednesday ,06 September
Saudi Labor Ministry: Number of women working in retail reaches 200,000
GMT 17:57 2018 Sunday ,21 January
Raptors take care of Spurs at home
GMT 09:43 2018 Sunday ,21 January
Tripoli airport reopens after fighting suspended flights
GMT 11:13 2015 Monday ,31 August
China stocks tumble on Monday
GMT 05:59 2017 Thursday ,23 March
Japan’s February trade surplus hits multi-year high
GMT 09:19 2017 Friday ,24 November
England bench Hartley for Samoa finale
GMT 09:15 2017 Thursday ,27 July
Youssra reveals reason behind her absence
GMT 18:53 2017 Monday ,18 December
Knight & Wilson Colour Freedom introduces new shades
GMT 15:17 2013 Wednesday ,09 October
NCW condemns attack on media woman
GMT 18:14 2017 Monday ,30 January
Egypt exporting talent to the world, LinkedIn’s research
GMT 15:15 2018 Thursday ,18 January
Woody Allen says claim he molested daughter 'discredited'
GMT 08:05 2017 Wednesday ,26 July
Noha Abedeen: 'Life Sweetness' is turning point
GMT 17:30 2017 Tuesday ,26 December
Saudi Citizen Account beneficiaries to be informed via SMS
GMT 17:25 2013 Tuesday ,11 June
Indonesia - an Island-hopper\'s paradiseGMT 06:22 2012 Friday ,27 January
Myanmar to cooperate with U.S. universities
GMT 19:48 2016 Tuesday ,08 November
Al-Asiri: 'Brutal' Houthis blocking urgent aid distribution in Yemen
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor