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FINANCIAL NEWS
Iraq’s oil exports highest since 2003
19 Feb 2011
(MENAFN) Iraqi government official reported that Iraqi exports of crude oil increased to 2.16 million barrels a day this month, thus hitting a new record after Iraq’s Kurdistan started pumping oil to Baghdad, reported Gulf News.
The official said that Iraq did not export such an amount since the American invasion back in 2003. He said that the increase in exports was possible after Kurdistan started providing Baghdad with 75,000 bpd, up from only 10,000.
He also said that by the end of February, Kurdistan is expected to pump 100,000 bpd to Baghdad and after that the number would be gradually increased to 200,000. This would increase the country’s oil exports to around 2.2 million bpd.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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