By John Lee. Iraq's Basra Gas Company (BGC) has exported a record shipment of 25,000 tons of condensates, the largest shipment ever exported by the company. Andrew Weir, CEO of BGC, said the shipment was a "major achievement that will boost export rates and enhance Iraq's financial revenues." "Iraq has the potential to be a […]
Tag Archives | gas exports
Iraq "Plans to build Gas Pipeline to Europe"
By Arya Devi for Oil & Gas Middle East. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq plans to build gas pipeline to Europe Iraq aims to bolster its economic prospects by facilitating the transportation of both gas and goods to international markets. […]
India to build Gas Liquefaction units in Iraq?
By John Lee. India has reportedly started talks with Iraq regarding building facilities to liquefy natural gas that is currently flared, and transporting it as liquefied natural gas (LNG) to India. The Indian Express quotes an anonymous senior Indian official as saying, "we are exploring if our companies can set up plants in Iraq to […]
Prominent Role for Kurdistan in Global Gas Markets
By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdistan positioned in prominent role in global gas markets A new report, The Kurdistan Region of Iraq's Gas-Export Potential: Deja Vu All Over Again, authored by Atlantic Council […]
Iranian Gas passed off as Iraqi Origin
By John Lee. Media in Pakistan report that Iranian LPG has been illegally imported into the country under the guise of Iraqi product. According to Business Recorder, the latest case is one of five ships which are allegedly involved in the illegal import of Iranian LPG using a falsified declaration of origin. Pakistan's Ministry of […]
Russian: 'No objections' to Kurdistan exporting Gas to Europe
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Russian ambassador to Iraq: 'No objections' to Kurdistan Region exporting gas to Europe Elbrus Kutrashev (pictured) spoke to the Kurdish news outlet Rudaw about plans to export natural gas […]
In pursuit of Gas, will Turkey choose Erbil over Baghdad?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In pursuit of gas, will Turkey choose Erbil over Baghdad? Iraq's federal supreme court last month ruled that a 2007 law allowing the Kurdistan Regional Government (KRG) to manage oil and natural gas […]
Iraqi Court Rules Against KRG Sales of Oil and Gas
By John Lee. Iraq's Federal Supreme Court has ruled that sales of oil and gas by the Kurdistan Regional Government (KRG), independently of the central government in Baghdad, is unconstitutional. In a statement on Tuesday, the court said that the Oil and Gas Law of the Kurdistan Regional Government, No. (22) of 2007, violated the […]
Rosneft and the Future of Iraqi Kurdistan Gas
Rosneft’s money might help Iraqi Kurdistan meet its domestic gas demand, but it could also cripple its long-term export ambitions, according to an oil analyst. In an opinion piece for Energy Reporters, Nick Augusteijn argues that Rosneft’s deals are vehicles for Russia’s "increasingly assertive foreign policy". Click here to read the full story. (Source: Energy […]
Agreement Expected with Kuwait on Joint Oil Fields, Gas Exports
By John Lee. Kuwait reportedly expects to reach agreement with Iraq on joint oil fields and the import of Iraqi gas by the end of this year. KUNA quotes Kuwait's Oil Minister and Minister of Electricity and Water Engineer, Bakheet Al-Rashidi, as saying: "We are in the process of selecting a global consultant to study […]
Jordan approves deal with Iraq on Oil, Gas Pipeline
By John Lee. Jordan has reportedly approved an agreement with Iraq to build a twin gas and oil pipeline between the two countries. The 1,680-km double pipeline will pump one million barrels of oil a day, and 258 million cubic feet of gas, from Basra to Aqaba. About 150,000 barrels of the oil from Iraq […]
Kuwait Gas-Supply Pact -- Iraq "has Much to Gain"
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has much to gain from gas-supply pact with Kuwait Kuwait will begin importing natural gas from neighboring Iraq this year, a development welcomed in Baghdad as it could improve Iraq's […]