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 […]
Tag Archives | Iraq-Turkey Pipeline (ITP)
Tags: Basra News, featured, Iraq, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk, Kurdish regional government, Oil and Gas
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 […]
Tags: Ashti Hawrami, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk, KRG, Kurdistan News, North Oil Company, pipelines, Turkey
Turkish Energy Minister: We're Waiting to Export KRG Oil
By John Lee. Turkish Energy Minister Taner Yildiz (pictured) has remarked at a press conference that the country is ready to export oil from storage tanks at Ceyhan, once they have reached their capacity of 2.5 million barrels. Baghdad is currently opposed to such a move, and minister Yildiz has expressed a desire for the […]
Tags: Iraq, Iraq-Turkey Pipeline (ITP), Kurdish regional government, Nechirvan Barzani, Shahristani, Taner Yildiz
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 […]
Tags: Baghdad, Erbil News, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kurdish Government, Shahristani
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 […]