Iraq increases oil exports from south by 200,000 bpd to make up for Kirkuk fields shortfall

BAGHDAD: Iraq increased on Saturday oil exports from the southern Basra region by 200,000 barrels per day, to make up for a shortfall from the northern Kirkuk fields, the oil ministry said.

The increase in Basra exports keeps Iraq’s total output within the quota agreed with the Organisation of Petroleum Exporting Countries, the ministry said in a statement citing Oil Minister Jabar al-Luaibi.