Iraq’s oil ministry says exports have rebounded to about 2.7mln bpd despite
shipping difficulties from the Strait of Hormuz, up from roughly 200k bpd in May
last year. Most flows move via the southern route; northern exports are around
300k bpd. The ministry plans further increases via both southern and northern
corridors. It said the Iraq–Turkey pipeline’s target export capacity is about
700k bpd; the pipeline’s design capacity is 1.5mln bpd and a bilateral agreement
sets a minimum of 750k bpd. Current throughput is roughly 300k bpd and the
The government aims to raise it to 750k bpd to expand market access.
