Ex Oil Min: Iraq South Oil Exports Seen Falling - Report

Iraq's oil exports from its southern offshore terminals are expected to fall from current levels in the coming weeks due to technical problems, former Iraqi oil minister Issam al-Chalabi said in a recent report.

Iraq is currently exporting on average between 1.4 million barrels a day and 1.5 million b/d from Basra and Khor al-Amaya oil terminals in the Persian Gulf.

"Even this average is seen to further fall down because of technical problems facing Rumeila and Zubair oil fields and reservoir," Chalabi said in an article published last week in the London-based Arabic newspaper al-Hayat.

"The same thing is happening to Kirkuk oil fields," he added, but gave no exact figures.

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I.e. people blowing up the pipelines.

instead of fellow citizens and american soldiers.

NeoCons don't give a flying you-know-what if anyone dies because of the insurgency. But they sure have sleepless nights when the oil spigots are turned off.

the Americans will leave. I'm surprised that they're still pumping any at all, how many piplelines are burning right now? :shrug:

...provided the war stops today and no oil money goes to anything else.

Good call, Wolfowitz. I hope you hire an accountant for your new job at the World Bank, because your cypherin' sucks the big one.