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 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. A proposed pipeline linking southern Iraq's oil fields to the Turkish port of Ceyhan on the Mediterranean has re-emerged as a strategic option for diversifying Iraq's export routes, according to analysis published by the Centre for Trade and Economic Studies (TREC). The proposal has gained renewed attention following remarks by the Executive […]
By John Lee. The North Oil Company (NOC) has reportedly received the first shipment of crude oil from Basra at its K1 station in Kirkuk, following rehabilitation works and an increase in operational capacity. The delivery marks the start of crude transfers by tanker trucks from southern Iraq to the north, with unloading operations beginning immediately […]
By John Lee. The Ministry of Oil has announced the resumption of crude oil pumping and exports from Kirkuk through Türkiye's Ceyhan port, with an initial export capacity of 250,000 barrels per day (bpd). The restart follows an agreement between the federal government and the Kurdistan Regional Government (KRG), enabling the reactivation of a key export […]
By John Lee. Iraq's Ministry of Oil has issued a further statement setting out its position on the resumption of exports through the Kirkuk-Ceyhan pipeline, following recent comments by the Kurdistan Regional Government's Ministry of Natural Resources. The statement describes the KRG ministry's position as political in nature, and sets out Baghdad's operational and legal […]
By John Lee. Iraq's Ministry of Oil and the Kurdistan Regional Government's Ministry of Natural Resources have issued statements outlining differing positions on the possible resumption of crude oil exports through the northern pipeline to the Turkish port of Ceyhan. The exchange comes amid regional disruption affecting exports through the southern system via the Strait […]
By Charles Kennedy for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq To Restore Kirkuk-Turkey Pipeline as Iran War Chokes Off Exports Iraq is scrambling to restore a northern oil export route that would send crude from the Kirkuk fields directly to […]
By John Lee. In a statement to the markets this morning, Norway's DNO, which operates the Tawke license in the Kurdistan region of Iraq, has said it, "aims to access export markets or export prices later in the year." Some are interpreting this as meaning that DNO is considering joining the agreement that re-started the […]
By Yesar Al-Maleki, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Rebuilding Resilience: The Iraq-Türkiye Pipeline's Role in Iraq's Oil Export Security The resumption of Kurdish crude […]
By Noam Raydan and James Jeffrey, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
By John Lee. Iraq and Turkey have resumed negotiations on a new agreement for transporting crude oil through the Iraq-Turkey Pipeline (ITP), following a meeting in Ankara. Talks were held between the Iraqi Ministry of Oil and the Turkish Ministry of Energy and Natural Resources, led respectively by the Iraqi Deputy Minister for Extraction and […]
