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

Oil Exports Rise in August

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for July of 111,016,618 barrels, giving an average for the month of 3.583 million barrels per day (bpd), an increase from the 3.543 bpd exported in July. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues […]

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Oil Ministry Finalises Export Figures for July

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for July of 109,857,705 barrels, giving an average for the month of 3.544 million barrels per day (bpd), an increase from the 3.521 bpd exported in June. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues […]

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Deloitte report on Kurdistan Oil and Gas – New Data

Third Deloitte report on Oil and Gas Review in the Iraqi Kurdistan Region, with newly added disclosures on local sales – Q1 of 2018 New verified data on the Kurdistan Region’s oil exports, consumption and revenues have been published, covering the period from 1 January 2018 to 31 March 2018, after a review of the […]

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KRG Oil Export Revenues 2017 Assessed

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Introduction KRG’ gross oil export revenues, for 2017, stood at $7.9billion but it was left with only $3.9billion as net earnings. When the Region receives less than half of its gross oil […]

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How Iraq Should Respond to the Strait of Hormuz Crisis

By Youssef Ali. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. President Donald Trump’s decision to pull out of the nuclear deal and sign the executive order to reimpose sanctions on Iran has had a significant impact on the global oil markets. This move […]

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Oil Exports Rise in July

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for July of 109,847,268 barrels, giving an average for the month of 3.543 million barrels per day (bpd), an increase from the 3.521 bpd exported in June. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues […]

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Oil Ministry Finalises Export Figures for June

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for June of 105,640,161 barrels, giving an average for the month of 3.521 million barrels per day (bpd), an increase from the 3.490 bpd exported in May. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues for […]

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Floating Oil Island for Iraq’s Expected Spurt in Exports

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Floating Oil Island will handle Iraq’s expected Spurt in Exports The South Oil Co. (SOC) [possibly should be Basrah Oil Company (BOC), as per comment below, – Editor] […]

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Oil Exports Rise in June

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for June of 105,640,160 barrels, giving an average for the month of 3.521 million barrels per day (bpd), an increase from the 3.490 bpd exported in May. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues for […]

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Oil Ministry Finalises Export Figures for May

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for May of 108,175,920 barrels, giving an average for the month of 3.490 million barrels per day (bpd), an increase from the 3.340 bpd exported in April. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues for […]

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Oil Ministry makes first Direct Shipment of Crude

By John Lee. Iraq’s Ministry of Oil has made its first direct shipment of crude oil since 1991. The two-million barrel shipment was made via its subsidiary company, the Iraqi Oil Tankers Company (IOTC). It will be delivered to a US-based customer of the State Oil Marketing Organization (SOMO). (Source: Ministry of Oil)

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