Iraq: Oil exports gradually resuming at Port of Basra as of Sept. 16 following oil spill; lingering disruptions likely

Event

Oil exports are gradually resuming from the Port of Basra, also known as Al-Maqal Port, as of Sept. 16 after an oil spill prompted authorities to suspend oil exports from the terminal late Sept. 15. Basra Oil Company officials have confirmed that the spill has been contained. The Port of Basra is equipped with four tanker berths and can process 3.3 million barrels per day (bpd).

Lingering disruptions to port operations are likely as the gradual resumption of oil exports continues. Localized transport and business disruptions are possible near the Port of Basra as long as port disruptions persist. Protest activity is possible near the port over the short term in response to the spill.

Advice

Avoid the area until authorities give the all-clear. Adhere to all instructions issued by local officials. Confirm maritime shipments and port-handling operations. Consider alternative shipping methods for critical freights. Avoid any demonstrations as a precaution.