Bloomberg News

Iraq to Raise January Kirkuk Crude Exports by 3.5%, Plan Shows

January 04, 2012

Jan. 4 (Bloomberg) -- Iraq will increase its daily exports of Kirkuk crude for January from the Turkish port of Ceyhan on the Mediterranean by 3.5 percent from last month, according to a loading program obtained by Bloomberg News.

The schedule comprises 18 cargoes totaling 13.88 million barrels, or 447,742 barrels a day, compared with 432,677 barrels a day for December, the plan showed. The cargo sizes range from 300,000 barrels to 1.1 million barrels.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

--Editors: John Buckley, Rob Verdonck

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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