Iraq’s southern oil export capacity may go up to 3.35 million b/d by September from around 3.3 million b/d now, as OPEC’s second biggest producer pumps more crude in line with OPEC+ unwinding output cuts, deputy director general of state oil marketer SOMO said on July 21. “For the time being, this (3.3 million b/d) is what we believe we can achieve, taking into account not only the limitations on export capacity, but also rehabilitation activities that may cause stoppages sometimes,” Ali al-Shatari told S&P Global Commodity Insights in an interview. “This number of course might go higher, but I’m a bit conservative until I see the plans of the export facilities development go forward.” SOMO expects Basrah Heavy exports to be around 1.1 million b/d in July and Basrah Medium 2.2 million b/d, Shatari said. Iraq exported 1.120 million b/d of Basrah Heavy in June and 2.146 million […]