News wire — Iraq, OPEC’s second-largest oil producer, has postponed plans to boost crude export capacity at its Gulf ports to 3.45 million barrels per day following delays to a pumping station project, an Iraqi oil source said.
State-owned Basra Oil Co (BOC) aims to increase southern export capacity to 3.45 mln bpd by September, compared with a previous target of the second quarter, according to the source.
(Reporting by Rowena Edwards, Editing by Louise Heavens) — Reuters
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