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

Iran Bans Oil Products Shipment to Iraqi Kurdistan

Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”. The decision is in line with Tehran’s series of measures in response to a referendum held in the semi-autonomous region on possible secession from Iraq which has drawn international criticism. “Given the […]

Iraq seeks to collect KRG’s Oil Revenues

Iraqi Prime Minister Haider al-Abadi has hinted that his government wants to take control of revenue generated from Kurdish oil exports. The measure is the latest of a set of actions taken by Baghdad against the Kurdistan Region for carrying out last week’s referendum that saw a 92-percent vote for independence, the first of which […]

Oil Exports Up Slightly in September

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for September of 97,204,267 barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]

Rosneft in $1bn Kurdistan Pipeline Deal

Russian oil company Rosneft has completed its due diligence on infrastructure of the export oil pipeline in Iraqi Kurdistan (‘KROP”) and will shortly finalise the legally binding documents on oil pipeline project under the Investment Agreement signed at St. Petersburg International Economic Forum in June 2017. The Kurdistan Regional Government of Iraq and the Company […]

Oil Exports Down Slightly in August

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for August of 99,700,761 barrels, giving an average for the month of 3.216 million barrels per day (bpd), slightly less than the 3.226 bpd exported in July. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]

Oil Ministry Declares its Final Exports for July

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for July of 100 million barrels, giving an average for the month of 3.226 million barrels per day (bpd), slightly more than the 3.273 bpd exported in June. These exports were shipped by 33 multinational companies from the ports of Basra, Khor Al- Omaia and […]

Call to Reopen Iraq-Saudi Pipeline

Reuters reports that a former Iraqi oil minister said it was necessary for Iraq to regain the Iraqi Pipeline in Saudi Arabia (IPSA), which has not carried Iraqi crude since Saddam Hussein invaded Kuwait in 1990, and which was confiscated by Saudi Arabia in 2001 as compensation for debts owed by Baghdad. Bahr Al Olum, […]

Oil Exports Down Slightly in July

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 100,144,814 barrels, giving an average for the month of 3.230 million barrels per day (bpd), slightly less than the 3.273 bpd exported in June. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]

Oil Ministry Declares its Final Exports for June

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for May of 98.2 million barrels, giving an average for the month of 3.273 million barrels per day (bpd), slightly more than the 3.261 bpd exported in May. Exports from the southern terminals totalled 97.5 million barrels, with 700,000 barrels exported from Kirkuk. Revenues for […]

Oil Ministry Declares its Final Exports for May

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for May of 101.1 million barrels, giving an average for the month of 3.261 million barrels per day (bpd), slightly more than the 3.253 bpd exported in April. Exports from the southern terminals totalled 100.4 million barrels, with 700,000 barrels exported from Kirkuk. Revenues for […]

Canada Orders Seizure of Tanker carrying Kurdish Oil

By John Lee. A Canadian court has reportedly ordered the seizure of a cargo of crude oil from the Kurdistan Region of Iraq (KRI). The Iraqi Oil Ministry requested the seizure of the 721,915-barrel cargo on the “Neverland” oil tanker claiming that it has been unlawfully misappropriated by the Kurdistan Regional Government (KRG). The move […]

Oil Exports Up Slightly in June

By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for June of 98,178,370 barrels, giving an average for the month of 3.273 million barrels per day (bpd), slightly more than the 3.261 bpd exported in May. Exports from the southern terminals totalled 97,500,000 barrels, with 677,413 barrels exported from Kirkuk. Revenues for the month […]