BAGHDAD: Iraq’s oil exports fell in January compared to the month before due to bad weather and sabotage by militants, the oil ministry said yesterday.
Iraq exported 69.1 million barrels of oil in January for an average of 2.22 million barrels per day (bpd), down from 72.6 million barrels for an average of 2.34 million bpd in December, figures released by the ministry showed.
Revenue was also down, from $7.32bn in December to $7.07bn in January.
The statement quoted Oil Minister Abdulkarim al-Luaybi as saying that exports from the south were harmed by bad weather, while “sabotage operations” curbed exports from the north. AFP
