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 preliminary oil exports for October of 103,730,680 barrels, giving an average for the month of 3.348 million barrels per day (bpd), considerably up on the 3.240 bpd exported in September. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said that oil export capacity at Iraq's southern ports has increased to 4.6 million barrels per day (bpd), following the completion of its fifth single floating terminal. The new terminal has a capacity of 900,000 bpd. The Minister said Iraq will continue to […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for September of 97.2 million barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August. These exports were shipped by 38 multinational companies from the ports of Basra, Khor Al- Omaia […]
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 […]
Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”. The decision is in line with Tehran’s series of measures in response to a referendum held in the semi-autonomous region on possible secession from Iraq which has drawn international criticism. “Given the […]
Iraqi Prime Minister Haider al-Abadi has hinted that his government wants to take control of revenue generated from Kurdish oil exports. The measure is the latest of a set of actions taken by Baghdad against the Kurdistan Region for carrying out last week's referendum that saw a 92-percent vote for independence, the first of which […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for September of 97,204,267 barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
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 […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for August of 99,700,761 barrels, giving an average for the month of 3.216 million barrels per day (bpd), slightly less than the 3.226 bpd exported in July. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for July of 100 million barrels, giving an average for the month of 3.226 million barrels per day (bpd), slightly more than the 3.273 bpd exported in June. These exports were shipped by 33 multinational companies from the ports of Basra, Khor Al- Omaia and […]
Reuters reports that a former Iraqi oil minister said it was necessary for Iraq to regain the Iraqi Pipeline in Saudi Arabia (IPSA), which has not carried Iraqi crude since Saddam Hussein invaded Kuwait in 1990, and which was confiscated by Saudi Arabia in 2001 as compensation for debts owed by Baghdad. Bahr Al Olum, […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 100,144,814 barrels, giving an average for the month of 3.230 million barrels per day (bpd), slightly less than the 3.273 bpd exported in June. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
