Federal Iraq’s exports fell 167,000 b/d in November, figures from Iraq’s Oil Ministry show. But the decline doesn’t appear down to Opec+ compliance efforts: the ministry this week explained that bad weather at Basra was the main culprit. Iraq still has a long way to go to clear “catch up” with its Opec compliance (MEES, 4 December).
Federal exports from Kirkuk to the Turkish Mediterranean port of Ceyhan held steady at 94,000 b/d, as did small volumes trucked to Jordan’s Zarqa refinery. Kpler data indicates that total Ceyhan loadings (which include separate exports from Iraqi Kurdistan) rose a slight 6,000 b/d in November to 414,000 b/d. (CONTINUED - 109 WORDS)