Iraq Expands Southern Crude Production as Export Activity Accelerates
SEATTLE (Oil Monster): Iraq has stepped up crude oil production from its southern energy hubs. Industry sources indicated that production from the country's southern fields has climbed to roughly 2.1 million barrels per day (bpd), supported by increased tanker movements at Gulf export terminals.
The production increase comes amid expectations of stronger global oil flows following progress in diplomatic efforts between the United States and Iran. The easing of geopolitical tensions has contributed to a recovery in shipping activity through key regional trade routes.
A major contributor to the output growth has been the Rumaila field, where daily production has reportedly reached about 1.1 million barrels. Meanwhile, the Zubair field has also boosted operations, adding approximately 120,000 bpd and lifting its total production to around 320,000 bpd.
The Northern region also reported robust crude shipments. The recent data from the State Organization for Marketing of Oil (SOMO) suggests that monthly exports from Kirkuk through northern routes have risen to nearly seven million barrels, compared with around four million barrels previously.
Iraq’s Oil Ministry has outlined plans to further expand production in the coming months, with southern field output anticipated to exceed three million bpd within the next two months.
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