An Iraqi oil tanker from the southern ports for the first time in nearly three decades

An Iraqi oil tanker from the southern ports for the first time in nearly three decades

An Iraqi oil tanker from the southern ports for the first time in nearly three decades

10-06-2018 09:40 PM

AMMAN – Iraq’s oil ministry announced on Saturday the export of the first shipment of crude oil through a tanker flying the Iraqi flag from the southern ports of the country after a break of about three decades. A spokesman for the ministry, Assem Jihad, said that the oil tanker ‘Baghdad sailed on Friday evening from Basra to the United States. It is the first time since 1991 that Iraq has been carrying its oil tankers. ‘ “The shipment of this shipment is 2 million barrels and the tanker company will load and transport it to the United States on behalf of a company that is contracting with the oil marketing company,” the ministry said in a statement posted on its website. Iraq has recently received four oil tankers, which will soon be boosted by three additional tankers. Iraq is the second largest oil producer in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia. In the 1980s, he owned 24 oil tankers, many of which were destroyed or rendered out of service by the country’s successive wars of war with Iran (1980-1988) to the invasion of Kuwait under Saddam Hussein in 1990. Iraq exported 3.49 million bpd in May, according to the ministry. AFP

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