This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A Pipeline In The Pipeline: Can Exporting Natural Gas Save Iraqi Kurdistan? Beginning 2016 Iraqi Kurdistan will begin to build a new natural gas pipeline to Turkey. But analysts say […]
Tag Archives | Botas
Crude Oil Flow to Ceyhan Halted
By John Lee. Pumping of crude oil from Iraqi Kurdistan to the port of Ceyhan in Turkey has reportedly been halted since Monday. An official at Turkey's state pipeline operator Botas said told Reuters that there had been a theft on the pipeline and that repairs would take around one to two days. (Source: Reuters)
Turkey, KRG Clinch Major Pipeline Deals
By John Lee. Iraqi Kurdistan has finalized a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines. Reuters reports that the deals could see Kurdistan export some 2 million barrels per day (bpd) of oil to world markets and at least 10 billion cubic meters per year of gas to […]
Turkey Wins $350m Iraq Drilling Contract
By John Lee. Turkey's Energy Minister, Taner Yildiz (pictured), has said the country has signed a $350 million deal to drill 40 oil wells in the Basra area, and is in talks on drilling 7,000 wells across Iraq. Details of the timeframe or companies involved were not immediately available. According to a report from Reuters, […]
Nabucco Future Hangs in the Balance
The Nabucco gas pipeline project is facing collapse, reports AFP. The scheme to ship more than 30 billion cubic meters of gas per year from the Caspian and beyond to Europe, bolstering Europe's energy security, may founder following Turkey's decision to allow Russia's rival South Stream project to run through its Black Sea waters. Construction […]
Tags: Botas, Bulgargaz, IHS Global Insight, MOL, Nabucco, OMV, RWE, South Stream, TPAO, Trans-Anatolia Pipeline (TANAP), Transgaz
Turkey and Iraq to Cooperate on Pipelines
The Director General of BOTAS (Boru Hatlari ile Petrol Tasima AS), Turkey's state-owned Petroleum Pipeline Corporation, said on Sunday that "during recent talks in Iraq, the Iraqis asked for assistance to re-build a 40 inches petroleum pipeline that was destroyed. We told the Iraqis that we are ready to help them". Speaking in southern province […]
Nabucco May Revise Iraqi Pipeline Cost
Nabucco Gas Pipeline International may revise its cost estimate for the link to ship Caspian natural gas to Europe if it has to build a connection from the Iraqi border, according to its managing director, Reinhard Mitschek, quoted in the Moscow Times. The Vienna-based company expects to determine the project's cost this year after it […]