Tag Archives | gas exports

Rosneft and the Future of Iraqi Kurdistan Gas

Rosneft’s money might help Iraqi Kurdistan meet its domestic gas demand, but it could also cripple its long-term export ambitions, according to an oil analyst. In an opinion piece for Energy Reporters, Nick Augusteijn argues that Rosneft’s deals are vehicles for Russia’s "increasingly assertive foreign policy". Click here to read the full story. (Source: Energy […]

Kuwait Gas-Supply Pact -- Iraq "has Much to Gain"

By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  Iraq has much to gain from gas-supply pact with Kuwait Kuwait will begin importing natural gas from neighboring Iraq this year, a development welcomed in Baghdad as it could improve Iraq's […]

Japanese Company considers Gas Pipeline and Petchem Plant

By John Lee. Iraq has reportedly contracted Japan’s Toyo Engineering to help build a gas pipeline to Kuwait and a petrochemical plant as Baghdad. According to a report from Reuters, the move will help Iraq to reduce flaring and finish paying the reparations owed to Kuwait for the invasion in 1990. The project would allow […]

How Turkey's Nuclear Plant could curb KRG Ambitions

By Dr. Olgu Okumuş for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On Sept. 28, when Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan jointly stated their support for the sovereignty and territorial integrity of Iraq, they also made a point of stressing their […]

Iraq to send Gas to Kuwait for Gulf War Compensation

By John Lee. Kuwait's Oil Minister, Essam Al-Marzouq, has said his government has agreed to receive natural gas from Iraq in part payment of it Gulf War reparations. According to a report from BasNews, Iraq will initially send 50 million cubic meters of natural gas (per day?), later increasing to 200 million cubic meters; KUNA […]

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 […]

New Gas Export Facility at Umm Qasr

Oil Minister Jabar Ali al-Luaibi [Allibi] has opened the 3rd loading dock at the Umm Qasr port export terminal, saying that it represents a significant step in the export of condensed gas and liquefied gas. He added that there will be a quantum leap in gas investment this year, with capacity reaching 1300 MSCF/ day. […]

Iraq to supply Kuwait with Gas soon

Oil Minister Jabar Ali al-Luaibi [Allibi] has stated that his country will soon complete a project for supplying gas to Kuwait in line with an earlier agreement hammered out between both sides. The minister made the remark during the third Iraq Energy Forum held in Baghdad, lauding good cooperative relations between Iraq and Kuwait. "Iraq […]

Iraq to start Gas Exports to Kuwait

The National reports that Kuwait has agreed to start a long-delayed gas import deal with Iraq. The plans had been delayed because of the continuing conflict in Iraq, and a lack of investment for infrastructure to convert the huge amount of gas it flares from its oilfields. Meeting with Kuwait’s newly appointed oil minister, Essam […]

Increased Exports of LPG from Iraq

By John Lee. In its third-quarter results, Epic Gas says that increased LPG production at the Basrah Gas LPG plant has resulted in surplus tonnes available for export. The company said that it has recently noticed a growing number of pressure cargoes coming out from Iraq, and it expects to see this trend continue. (Source: Epic […]