Basra Gas Company resumes condensate exports after suspension linked to Strait of Hormuz closure

BAGHDAD — Basra Gas Company has resumed loading and exporting condensate shipments after a forced suspension caused by the regional conflict and closure of the Strait of Hormuz, the Oil Ministry announced Tuesday.

Deputy Oil Minister for Gas Affairs Izzat Saber Ismail said the company successfully completed loading the tanker Dakosh with 50,000 cubic meters of condensates, with the vessel departing Tuesday after completing technical and logistical procedures.

“This achievement was accomplished through the ministry’s follow-up and the efforts of Basra Gas Company staff, as well as continuous communication with the concerned parties in related companies, contributing to overcoming challenges and ensuring the smooth flow of export operations,” Ismail said.

The suspension followed the outbreak of the U.S.-Israeli conflict with Iran and the subsequent closure of the Strait of Hormuz, through which most Gulf oil exports pass. The disruption forced Iraq to gradually halt production and exports from southern oilfields in March after vessels were unable to reach Iraqi ports. Basra Oil Company announced a gradual suspension of production and exports beginning March 3.

Iraqi authorities have said in recent weeks they were working to restore export stability and diversify routes following the disruptions.