. Energy News .




.
ENERGY TECH
Iraq oil exports in September lowest in seven months
by Staff Writers
Baghdad (AFP) Oct 20, 2011


Iraq's oil exports and income in September were the lowest since February as pumping along the Ceyhan pipeline to Turkey dropped off due to multiple stoppages, figures published on Thursday showed.

The country exported a total of 63.1 million barrels of oil last month at an average price of $104.90, bringing in total income of $6.619 billion (4.819 billion euros), according to figures published on the oil ministry website.

Both the export and income figures were the lowest since February, mostly due to a substantial decline in exports along the pipeline connecting northern Iraq to the Turkish port of Ceyhan in September to 10.1 million barrels, down from 14.3 million barrels in August.

"Exports on the Ceyhan pipeline were lower in September because of a couple of stoppages and attacks targeting the pipeline last month," ministry spokesman Assem Jihad said.

The pipeline transports an average of 450,000 to 500,000 barrels of crude oil per day to Ceyhan.

Iraq depends on oil sales for the lion's share of government income, and had averaged daily exports of 2.19 million barrels per day (bpd) in the first eight months of the year. In September, that fell to 2.10 million bpd.

In February, Iraq approved a national budget that was based on oil prices of $76.50 per barrel and average exports of 2.2 million bpd. Partly as a result of higher oil prices, Iraq's cabinet has targeted a 36 percent boost to public spending, in a budget proposal outlined last month.

Related Links
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Gulf states embark on oil refinery drive
Baghdad (UPI) Oct 19, 2011
Iraq is driving to build new oil refineries to increase capacity by 740,000 barrels per day as its postwar economy swells, part of a multibillion-dollar program under way across the Persian Gulf region. The Organization of Arab Petroleum Exporting Countries reported in June that Arab countries' refining capacity is expected to increase by 5 million bpd to 12.4 million in the next three ... read more


ENERGY TECH
California approves carbon cap-and-trade

Serbia signs power plant deal with China

China warns of winter power shortage

Links in the chain: Global carbon emissions and consumption

ENERGY TECH
EU to boost funding for energy projects

BP gets nod to renew drilling in Gulf of Mexico

Carbon Cycle 2.0 Energy and Environmental Analysis Team Finds Effective Directions for Energy Research

Oil blitz 'Iraq's most dangerous moment'

ENERGY TECH
Vestas receives 99MW order for Texas wind-energy project

GE invests in Indian wind power

Euro Bank: Wind policy 'direction' needed

Natural Power US to act as Owner's Engineer on 2.1GW Wyoming wind farm

ENERGY TECH
Amonix to Power the Largest CPV Solar Power Plant in US

Siemens Sinvert Inverters Featured in Solar Powered Aggregate Facility

Hanwha SolarOne Unveils High Performance Solar PV Modules

Solar Industry Donates Solar Arrays and Installation Services

ENERGY TECH
TEPCO to raise $262 mln for nuclear payouts: report

Pakistan repairs nuclear power plant leak

Russia's Rosatom better on transparency: watchdog

China, Taiwan sign nuclear safety pact

ENERGY TECH
FuturaGene and Guangxi Academy of Sciences to Develop Sustainable Biofuel Processes

MixAlco Voted Most Transformative Technology of 2011

Codexis and Raizen to Develop First Generation Ethanol

Greenleaf Biofuels Announces Closing of Full Project Funding

ENERGY TECH
China's first space lab module in good condition

Takeoff For Tiangong

Snafu as China space launch set to US patriotic song

Civilians given chance to reach for the stars

ENERGY TECH
Tuvalu grapples with drought

Insoluble dust particles can form cloud droplets affecting global and regional climates

Famine-hit Somalis struggle as aid efforts fall short

S.Africa's new climate policy to curb industry emissions


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement