Tag Archives | Export

No Substantial Change in Oil Exports in August

The Deputy of the Iraqi Oil Minister declared that almost two million barrels of Iraqi oil are exported daily and the volume is unlikely to change. In a statement to AKnews on Thursday Mu’tasam Akram said “in June Iraq sold daily some 1.9m barrels of oil abroad and the number is expected to fluctuate only […]

Iraq Gives Go-Ahead to Kurdish Oil Exports

The Iraqi federal government Tuesday approved a deal that would allow oil exports from oil fields in the semi-autonomous region of Kurdistan in northern Iraq, which have been on hold for the last seven months over a payment row with Baghdad, a cabinet spokesman said. “The cabinet has approved a request submitted by the oil […]

Gulf Keystone Up on Iraq Export Sentiment

Shares in Gulf Keystone (GKP.L) rise 18 percent, making the oil explorer one of London’s top risers, on positive sentiment after Iraq approves a Kurdish oil exports deal which could allow oil exports to resume from the semi-autonomous region. [ID:nLDE64H1NN] “The agreement shouldn’t really do much to Gulf Keystone because they don’t plan on exporting […]

Iraqi Government Approves Kurdistan Oil Export Accord (Update1)

Iraq’s government approved an accord between the oil ministry and Kurdistan to export crude produced in the semi-autonomous region through a marketing company, paving the way for shipments to resume. Companies including DNO International ASA and Genel Enerji AS halted oil exports from Kurdistan in October, about four months after they started, because there was […]

DNO Silent on Iraq Export Timing, Q1 Tops View

Norwegian oil and gas producer DNO International (DNO.OL) gave no guidance as to when it expects to restart oil exports from Iraq when it published first-quarter results that beat forecasts on Tuesday. “The process is moving ahead but we have no information about when things will happen,” Managing Director Helge Eide told a news conference. […]

Oil Exports to Turkey to Resume

Iraqi crude exports to the Mediterranean port town of Ceyhan in Turkey could resume in a week after an explosion blamed on an attack damaged an oil pipeline on Thursday, an Iraqi oil official said. “We are sure now that it was sabotage not a technical failure… The time frame to fix the pipeline and […]

Exports to Iraq Double

He pointed out that Iran’s exports to Iraq exceed Iran’s exports to the UAE. “Iran’s export to both these countries in 2008-9 was almost the same Iran’s exports to Iraq in 2009-10 doubled compared to the previous year. Masoud Daneshmand, the head of Iran-Iraq Chamber of Commerce, told Iran Daily on Saturday that Iran’s exports […]

Bad Weather Drives Oil Exports Lower

Iraq exported less crude in March than in the previous month because of faults due to poor weather, an Oil Ministry official said. “Exports were a bit less than in February because of technical reasons mainly linked to bad weather,” Falah al-Amri, head of the State Oil Marketing Organization, said by telephone today. Al-Amri declined […]

Iraq to increase oil export

“The Oil ministry plans to increase the oil production in April to about 59 million barrels in order to increase the revenues to 267 million dollars.” The representative of the oil ministry Abdul Karim Al Luaibi told The Independent National News Agency.

Iraq Oil Exports Hit 57.9m Barrels in February

Iraq exported 57.9 million barrels of crude oil in February 2010 at an oil price of $73 a barrel, the Iraqi Ministry of Oil said on Tuesday. “Iraq has made $4.229 billion U.S. dollars in revenues,” according to a ministry statement received by Aswat al-Iraq news agency. A total of 45.2 million barrels have been […]