Iraqi oil exports increase in Oct.
(MENAFN) The Iraqi Oil Ministry said that the country's oil exports increased last month to hit 2.25 million barrels per day (bpd), versus 2.07 million bpd in the month before it. Xinhua reported.
During the month, Iraq's total oil exports reached 69.8 million barrels, with a total value of USD7.160 billion.
Around 63.8 million barrels of Iraqi oil were exported through the southern port of Basra, while 621,000 barrels were exported through Turkey's port of Ceyhan.
Iraq, which heavily depends on oil, released in 2010 new estimates that its fields hold 143.1 billion barrels in reserve, up from the previous estimate of 115 billion barrels.
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