The latest news on Iraq Oil Exports – crude oil, oil pipelines and more – brought to you by Iraq Business News
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for September: Total exports of crude oil: 103,143,199 barrels. Revenues from crude oil exports: $9.422 billion, the highest since August 2022. Oil fields in central and southern Iraq accounted for 102,220,441 barrels of crude oil exports. Exports from Kirkuk through the port of […]
By John Lee. In its 42nd regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet agreed to increase oil exports to China. In a statement, the cabiniet said the move was to support essential and strategic projects, in alignment with the Iraq-China Framework Agreement. As a result, oil exports to China will […]
By John Lee. According to state-run Iraqi News Agency (INA), Iraq's Ambassador to Ankara announced yesterday (Thursday) that Turkey has agreed to resume oil exports via the Iraq Turkey Pipeline (ITP). It quotes Majid Al-Lajmawi as saying, "Turkish side agreed to immediately resume oil exports from the Iraqi-Turkish oil pipeline." This follows a statement to […]
By Julianne Geiger for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil Tensions Mount As Iraq Contradicts Turkey's Export Claims While Turkey said on Monday that Iraqi oil exports would resume this week through a stalled oil pipeline, Iraq is saying […]
By John Lee. Turkey's Energy Minister has said that the Iraq-Turkey pipeline (ITP), which has been out of operation since a court ruling in March, will be re-started this week. Alparslan Bayraktar confirmed on X (formerly Twitter) on Monday: "The oil pipeline, which was damaged in the devastating earthquake in February and the subsequent flood, […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for September: Total exports of crude oil: 103,143,199 barrels. Revenues from crude oil exports: $9.494 billion, the highest since August 2022. Oil fields in central and southern Iraq accounted for 102,220,441 barrels of crude oil exports. Exports from Kirkuk through the port of […]
By John Lee. Iraq's Oil Minister, Hayan Abdul Ghani, has participated in the inauguration of the new oil tanker "Sumer" at Khor al-Zubair port in Basra. Abdul Ghani stressed the ministry's keenness to build a new oil tanker fleet through contracts with reputable international companies to build modern tankers of different capacities. The "Sumer" tanker […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for August: Total exports of crude oil: 106,122,679 barrels Revenues from crude oil exports: $8.997 billion Oil fields in central and southern Iraq accounted for 105,236,963 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. Oil […]
By John Lee. The Kirkuk-Ceyhan oil pipeline, which is also the main route for oil exports from Iraqi Kurdistan, will reportedly soon be ready to resume operations. Various media sources quote the Turkish Energy Minister, Alparslan Bayraktar (pictured), as saying that earthquake-damage assessments are nearing completion. Shares in Gulf Keystone Petroleum (GKP) closed the day […]
By Ragip Soylu for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey seeks $950m damages against Iraq over KRG oil dispute Turkish interest calculations suggest Baghdad has to pay $950m to Ankara in ICC award that initially ruled $1.4bn […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for August: Total exports of crude oil: 106,122,874 barrels Revenues from crude oil exports: $8.846 billion Oil fields in central and southern Iraq accounted for 105,236,963 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. Oil […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for July: Total exports of crude oil: 106,755,169 barrels Revenues from crude oil exports: $8.330475 billion Oil fields in central and southern Iraq accounted for 105,487,610 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. Oil […]
