Tag Archives | Iraq-Turkey Pipeline (ITP)

Oil Exports Up in July

By Simon Kent. Iraq's oil exports have been recorded at an average of 3.28 mbpd for July, a rise from 3.18 mbpd in June. This is good news for Iraq, although a two month fall in exports due to infrastructure problems was offset by a slight increase in the price of oil. In June, a […]

Kurdish Plan to up Exports, Share Kirkuk Revenue

By John Lee. The KRG's Minister for Natural Resources, Ashti Hawrami (pictured), has told Reuters that the Kurds have plans to increase their oil exports eight-fold by the end of 2015. He said Kurdish oil exports could double "within a month or so" to around 250,000 bpd and hit 400,000 bpd by the end of […]

KRG Spokesman: Talks Useful, But No Agreement

By John Lee. Following remarks by Deputy Prime Minister for Energy Hussein al-Shahristani (pictured) that Kurdish Regional Government oil exports will go through the State Oil Marketing Company (SOMO) officials from the KRG have moved to clarify that this is not in fact the case. KRG spokesman Safeen Dizayee remarked to reporters that while discussions […]

K&M Tipped to Build Pipeline

According to Iraq Oil Report, the Ukrainian firm K&M Ltd. is tipped to win a $230-million contract to replace one of the two pipelines of the Iraq-Turkey Pipeline (ITP). If the firm has been selected by the North Oil Company (NOC) as its preferred contractor, the decision would still need the endorsement of the Oil […]