Tag Archives | Iraq Oil Exports News

The latest news on Iraq Oil Exports – crude oil, oil pipelines and more – brought to you by Iraq Business News

New Pipeline to Transport Iraqi Oil to Turkey

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  New pipeline in works to transport Iraqi oil to Turkey Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per day from Iraq’s […]

Boskalis to build Oil Export Island in Gulf

By John Lee. Dutch company Royal Boskalis Westminster has signed a ‘memorandum of principles’ to construct an industrial island for the Basra Oil Company (BOC) in Iraq’s territorial waters in the Gulf. Iraqi oil minister Thamir Ghadhban said the project will add export capacity of 3 million barrels per day (bpd). The Dutch Ambassador to […]

Iraq could introduce Basrah Super Light oil grade

By John Lee. Iraqi oil minister Thamir Ghadhban has reportedly said he plans to offer a new Basrah Super Light grade, with up to 38 API gravity, in the next few years. According to S&P Global Platts, he added that this would depend on the development of the country’s southern fields. A Basrah Medium grade, […]

Iraq to Reduce Oil Production from October

By John Lee. Oil minister Thamer al-Ghadhban (pictured) has said Iraq will reduce oil production from October, in the hope of achieving stability in the world oil market. He added that talks with Iraqi Kurdistan on coordinating the export of oil from the two regions were in “advanced stages“. (Source: Iraqi Ministry of Oil)

First Shipment of Iraqi Crude Oil to Jordan

By John Lee. The first shipment of Iraqi crude oil to Jordan under a new deal agreed in Februay has been sent on Sunday. According to a statement from the Jordanian Minstry Of Energy And Mineral Resources, the first trucks left from Baiji station in Kirkuk on Sunday, and are expected to reach the oil […]

Oil Exports Slightly up in August

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 111,706,151 barrels, giving an average for the month of 3.603 million barrels per day (bpd), up from the 3.556 million bpd exported in July. These exports from the oilfields in central and southern Iraq amounted to 107,520,044 barrels, while exports […]

Oil Ministry Finalises Export Figures for July

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for July of 110,548,767 barrels, giving an average for the month of 3.556 million barrels per day (bpd), up from the 3.520 million bpd exported in June. These exports from the oilfields in central and southern Iraq amounted to 106,500,015 barrels, while exports […]

Palestine considers Importing Fuel from Iraq

By Huda Baroud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Palestinian Prime Minister Mohammad Shtayyeh visited Iraq July 15 to discuss importing Iraqi fuel. This falls within the Palestinian Authority (PA)’s quest for gradual economic disengagement from Israel. Shtayyeh […]

Iraq “has No Ties to Oil Tanker Seized by Iran”

Iraq’s oil ministry said on Sunday it has no connection with an oil tanker seized by Iran’s IRGC in the Persian Gulf for smuggling fuel, a report said. “The ministry does not export diesel to the international market,” the Arab country’s oil ministry said in a statement, Iraqi News Agency reported. Iraq’s relevant authorities are […]

Video: New Iraqi Oil Pipeline via Jordan

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is planning to build a new oil pipeline to Jordan which it is banking on to revive revenue sources, after years of war and instability. In addition to expanding refineries and oil […]

Oil Exports Slightly up in July

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 110,548,738 barrels, giving an average for the month of 3.556 million barrels per day (bpd), up from the 3.520 million bpd exported in June. These exports from the oilfields in central and southern Iraq amounted to 106,500,015 barrels, while exports […]

Oil Ministry Finalises Export Figures for June

By John Lee. Iraq’s Ministry of Oil has announced finalised oil exports for June of 105,603,325 barrels, giving an average for the month of 3.520 million barrels per day (bpd), down from the 3.572 million bpd exported in May. These exports from the oilfields in central and southern Iraq amounted to 101,705,000 barrels, while exports […]