Iraq allocates 2019 oil sales -oil ministry

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BAGHDAD (Reuters) – Iraq has allocated its oil sales for 2019, with 67 percent of exports going to Asian markets, 20 percent to the Europe and 13 percent to North and South America, the oil ministry said on Tuesday.

Iraq’s 2019 oil sales will include shipments from the southern oilfields and Kirkuk, the ministry said in a statement.

Oil Minister Thamer Ghadban urged the adoption of a “balanced policy” when dealing with the global oil market and said Iraq’s 2019 sales were aimed at maintaining stability.

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