Iraqi Oil Exports Hit 3 Million Barrels

Iraqi oil exports recorded a record high of three million barrels per day during the first week of September, according to Oil Minister Basem Khudair. The minister confirmed that the loading of tankers and the shipment of additional quantities continue, along with negotiations with an American and a Qatari consortium regarding a pipeline project between Basra and Baniyas. He also indicated that Iraq is committed to its OPEC production quota of 4.2 million barrels per day and is working on developing the oil sector, diversifying export outlets, and investing in gas.

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