Shutterstock European refiners are seeking more Basrah crude as an alternative to Russia's Urals, but Iraq's export constraints limit this opportunity.Iraqi production is set to fall in February, with 10 days of planned maintenance at Lukoil’s 400,000 b/d West Qurna-2 field.Baghdad’s efforts to squeeze Kurdish exports are showing signs of success as more buyers shun the grade that was pegged at a discount of around $20/bbl to Brent. Save for later Print Download Share LinkedIn Twitter Iraq’s crude output was flat in December at 4.39 million barrels per day, according to Energy Intelligence estimates. A rise in exports from the Kurdistan region was offset by a fall in refinery runs, while shipments from Basrah changed little.
