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Iraqi oil output and exports unaffected by fighting

BAGHDAD (Reuters) - Oil production and exports from Iraq’s southern oil hub of Basra were unaffected by heavy fighting between Iraqi police and armed groups, industry sources said on Tuesday.

An oil company official, speaking on condition of anonymity, said the southern oilfields were pumping at regular levels.

“Oil installations in Basra are working normally. The military operations have nothing to do with the production and export businesses,” he said.

A shipping source at the Basra oil export terminal said operations were continuing as normal.

Crude oil shipments from the region totaled 1.54 million barrels per day in February, Iraq’s oil ministry said on Monday.

Reporting by Randy Fabi and Ahmed Rasheed; Editing by Tomasz Janowski

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