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Markets

Iraq says produced 4.774mn bpd of oil in September

Published October 23, 2016 Updated October 23, 2016 09:44am

imageBAGHDAD: Iraq's deputy oil minister Fayadh al-Nema said on Sunday total oil production, including output in the Kurdistan Regional Government (KRG) area, stood at 4.774 million barrels per day (bpd).

Of the total 4.228 million bpd were produced from Baghdad-controlled fields and 546 million bpd were from the KRG-controlled fields, Nehma told reporters at a briefing in Baghdad.

Total exports for September, including the KRG, were 3.871 million bpd, the head of Iraq's State Oil Marketing Company Falah al-Amri said, stressing that his country would not cut back on production.

"We have surpassed the 4.7 million and there is no doubt about that we are not going back in any way, not by OPEC not by anybody else," Amri said.

Copyright Reuters, 2016

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