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 export volumes for October. Total exports of crude oil: 110,923,047 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,816,106 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 5,834,864 barrels. Exports to Jordan amounted […]
By John Lee. Iraq and Turkey have resumed negotiations on a new agreement for transporting crude oil through the Iraq-Turkey Pipeline (ITP), following a meeting in Ankara. Talks were held between the Iraqi Ministry of Oil and the Turkish Ministry of Energy and Natural Resources, led respectively by the Iraqi Deputy Minister for Extraction and […]
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed the completion of the first lifting of Kurdistan crude allocated to the company and other IOCs for September-October 2025 pipeline exports, carried out by the nominated trader at Türkiye's Ceyhan terminal. Payment for the company's share is expected within 30 days, in line with the interim […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for September. Total exports of crude oil: 102,150,362 barrels. Exports from the oil fields in central and southern Iraq amounted to 102,150,362 barrels. Exports from Qayyarah were not reported separately this month. Average daily crude oil exports: approximately 3.405 million barrels per […]
By John Lee. The Ministry of Oil has inaugurated the strategic Third Offshore Pipeline Project ('Sealine 3' Project), one of the most important initiatives aimed at strengthening Iraq's southern crude oil export system. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani said during the inauguration ceremony in Basra that the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fragile accord sees resumption of oil exports from Iraqi Kurdistan Iraqi federal authorities and the Kurdistan Regional Government (KRG) are celebrating an agreement to resume oil exports via Turkey after a two-and-a-half year […]
By Noam Raydan and Soner Cagaptay, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Renewed Oil Flows from the ITP Could Benefit U.S.-Iraq-Turkey Relations The potential economic and strategic benefits of reopening the northern Iraqi […]
By John Lee. The industry group representing international oil companies (IOCs) in Iraqi Kurdistan has clarified the payment mechanism for oil exported through the Iraq-Turkiye pipeline (ITP). In a statement on X on Wednesday evening, the Association of the Petroleum Industry of Kurdistan (APIKUR) said: "Info: The payment mechanism for oil exported through the Iraq-Türkiye […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for August. Total exports of crude oil: 104,806,884 barrels. Exports from the oil fields in central and southern Iraq amounted to 103,895,706 barrels. Exports from Qayyarah were 911,178 barrels. Average daily crude oil exports: approximately 3.381 million barrels per day. The total […]
By John Lee. Oil exports from Iraq's Kurdistan Region are set to resume through the Iraq-Turkey Pipeline (ITP) following agreements between Baghdad's Federal Government, the Kurdistan Regional Government (KRG), and international oil companies, ending the prolonged export suspension. DNO ASA will deliver the Kurdistan Regional Government's share of production from its Tawke license, currently averaging […]
By John Lee. The Kurdistan Regional Government (KRG) Ministry of Natural Resources has confirmed that it has fulfilled its obligations regarding oil exports from the Kurdistan Region, in coordination with the Federal Ministry of Oil. It says that all domestic and foreign companies, with the exception of one foreign entity that has yet to formalise […]
By John Lee. Genel Energy and DNO have issued statements relating to recent media reports of an agreement on the export of oil from Iraqi Kurdistan via the Iraq-Turkey Pipeline to the port of Ceyhan. DNO, the largest operator in the Kurdistan Region, said it is eager to resume exports but "pursuant to agreements that […]
