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Iraq exports 10 million barrels of oil via Strait of Hormuz

İraq Hörmüz vasitəsilə 10 milyon barel neft ixrac etdi

Baghdad reveals updated export figures and plans to increase capacity through the Kirkuk-Ceyhan pipeline

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Iraq exported approximately 10 million barrels of oil through the Strait of Hormuz in April, marking a significant shift in the country's export logistics. Operative Information Center-OMM, citing reports from The Times of Israel, noted that the figures were confirmed by Iraqi Oil Minister Basim Mohammed.

According to the minister, Iraq's monthly exports through this strategic maritime route previously reached approximately 93 million barrels prior to the commencement of military operations by the United States and Israel against Iran. In addition to the southern routes, Baghdad is actively utilizing the northern corridor. "We are currently exporting 200,000 barrels per day via the Ceyhan port and plan to increase this volume to 500,000 barrels per day," Minister Mohammed stated. He further emphasized that Iraq intends to cooperate closely with OPEC to enhance its production and export capabilities, with a target of reaching a production capacity of 5 million barrels per day.

The Strait of Hormuz is recognized as the world's most important oil transit chokepoint, through which a significant portion of global petroleum supplies pass daily. Iraq, as a key member of the Organization of the Petroleum Exporting Countries (OPEC), plays a vital role in global energy security. The diversification of export routes, including the revitalization of the Kirkuk-Ceyhan pipeline to the Mediterranean, is seen by analysts as a strategic move to mitigate risks associated with regional geopolitical tensions and ensure the stable flow of crude oil to international markets.

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