Iraq Oil Exports Up 7% in February 2010

Iraq's crude oil exports has gone up by 7% in February 2010, from 1.93 million bpd in January 2010 to just over 2 million bpd, MEED reported, citing data from the State Oil Marketing Organisation (Somo). Meanwhile, the Iraqi ministry and US' ExxonMobil and its partner UK/Dutch Shell have negotiated a lower baseline production level for the West Qurna-1 field. - Ameinfo