Iraq Business News: Bad Weather Halts Iraq’s Southern Oil Exports

Iraq Business News All the latest business news from Iraq

Bad Weather Halts Iraq's Southern Oil Exports Oct 22nd 2012, 11:54 By John Lee. Reuters reports that bad weather has halted oil exports from Iraq’s southern oilfields, with rough seas preventing tankers reaching port. The stoppage may continue through Tuesday, Iraqi oil port sources said on Sunday. “Because of bad weather oil exports have been completely stopped… Tankers cannot reach port because of rough seas and they are concerned about accidents,” one Iraqi port official told Reuters. Two other port sources confirmed the halt. The news follows reports that the country was on target to hit another record for oil exports in October. (Source: Reuters)

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