Post-war looting and sabotage at oil facilities have delayed the resumption of Iraq's oil exports and will keep shipments below pre-war levels for months.
The country's northern oilfields are now pumping about 550,000 bpd, with southern output at 200,000 bpd, another Iraqi oil official said.
Before the U.S.-led war, Iraq -- home to the world's second largest oil reserves -- was producing about 2.5 million bpd and exporting two million.
The whole story is here.
Tuesday, June 17, 2003
SELF INFLICTED WOUNDS. Keep this in mind next time you read how slow the Americans are at rebuilding Iraq.
Posted by Mallard Lake HOA at Tuesday, June 17, 2003