By Yesar Al-Maleki, 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. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
By John Lee. A meeting has been held to review technical and economic details of two strategic crude oil export pipeline projects: the Basra-Haditha pipeline (extending to Fishkhabur) and the Haditha-Baniyas pipeline. Prime Minister Ali al-Zaidi chaired the meeting, which was attended by the Minister of Oil, senior ministry officials, the director of the Prime […]
By John Lee. Iraq's Ministry of Oil has held talks with a delegation from Qatari company UCC on the proposed Basra-Haditha-Fishkhabur and Haditha-Baniyas pipeline project. Discussions covered the contract type, implementation timeline, and other technical matters. Minister of Oil Basim Muhammad Khudhair al-Abadi, attended by Deputy Minister for Extraction Affairs Nassir Aziz, called for the […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A New Initiative to Expand Iraqi Crude Oil Exports Calls to expand Iraq's oil exports have intensified lately. All such calls focus on a westward direction, suggest unilateral routes, and are governed […]
By John Lee. Iraq's Ministry of Oil is reportedly planning a new pipeline system to transport and export crude oil via two northern routes: Basra-Haditha-Fishkhabur and Haditha-Baniyas. According to the state-run Iraqi News Agency (INA), the project is intended to diversify export routes and reduce dependence on the main southern export terminal. A meeting to […]
By John Lee. The Council of Ministers has approved the signing by Basra Oil Company (BOC) of a Heads of Agreement (HOA) and a non-disclosure agreement (NDA) with a consortium comprising US firm Capital TI, Qatar's UCC [Urbacon Trading & Contracting], and US major Chevron. The approval allows for a state-owned company to be added […]
By James Drummond, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]
By John Lee. The Basra-Haditha pipeline project will reportedly have an export capacity of 2.5 million barrels per day (bpd) and is expected to create around 15,000 jobs for Iraqi workers. The Ministry of Oil spokesman, Sahib Bazoun, told the state-run Iraqi News Agency (INA) that the pipeline will serve as a supplementary overland export […]
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. Iraq has formed a special committee to oversee the Basra-Haditha multi-directional oil pipeline project, following a meeting chaired by Prime Minister Mohammed Shia' Al-Sudani. The committee will be headed by the Under-Secretary of the Ministry of Oil and will include relevant advisers to the Prime Minister as well as directors-general from the […]
By John Lee. The Iraqi government has approved a revision to its previous decision on the Basra-Haditha crude oil pipeline project, enabling a direct invitation process for participating companies. Under the amended Decision No. 578 of 2025, the Ministry of Oil will invite specialised and interested companies to submit bids for the project, rather than […]
By John Lee. Iraq's Minister of Oil Hayan Abdul Ghani has held talks in Baghdad with Syrian Minister of Energy Mohammad Bashir, focusing on cooperation in oil, gas, and energy. Discussions covered Iraq's plans to diversify crude oil export routes amid rising production, including rehabilitating or replacing the Iraq-Syria export pipeline, which was active in […]
