The latest news on Iraq Oil Exports – crude oil, oil pipelines and more – brought to you by Iraq Business News
The Iraqi Oil Ministry said on Friday that Iraq's oil exports to Jordan have reached a post-invasion peak of 12,000 barrels per day. Assem Jihad, the ministry spokesman, told AKnews that the Oil Ministry is seeking to increase its oil trade with Jordan in line with the size and economic importance of Amman in the […]
Iraq’s oil exports slipped in October to 1.9 million barrels per day from 2.021 million bpd in September, the head of the State Oil Marketing Organisation (SOMO) said on Monday. Reuters reports that Iraq exported an average of 1.492 million bpd from the southern oil hub of Basra and 408,000 bpd from the northern oilfields […]
Iraq's crude oil exports rose in September to 2.021 million barrels per day from 1.789 million bpd the previous month, Reuters has reported. Falah al-Amri, the head of Iraq's State Oil Marketing Organisation (SOMO), said average exports from the southern oil hub of Basra reached 1.508 million bpd, while exports from oilfields in the north […]
Iraqi Kurds have not delivered on promises to ship 100,000 barrels of oil a day to the outside world through Iraqi national pipeline network, the Oil Ministry has said, according to Azzaman News Agency. “The Ministry of Natural Resources in the (Kurdish) region has exhibited no sign of cooperation so far. It has not supplied […]
Iraq's crude oil exports fell in August to 1.789 million barrels per day, a source at the Iraqi Oil Ministry said on Tuesay, according to Reuters. Average exports from the southern oil hub of Basra reached 1.45 million bpd, while exports from oilfields in the north around Kirkuk averaged 339,000 bpd. A combination of attacks […]
Iraq will supply crude to two Asian term buyers at between 5 percent and 10 percent below contracted volumes for October, compared with near full volumes for September, traders said. (Source: Tehran Times)
The Iraqi government has formed a committee to discuss its numerous disputes with the Kurdistan Regional Government (KRG), AKnews reports. Salam Yaseen, an economic adviser to the Iraqi government, told AKnews that the committee will discuss a range of issues with the Kurds including the oil and gas exports by the KRG that recently caused […]
Reuters reports on Sunday that the cut in Baghdad's allocation of fuel to Iraqi Kurdistan is related to the admission last month that the region is has been exporting petroleum products through Iran. We reported at the weekend that the cut was in response to the new gas agreement between the Kurdistan Regional Government (KRG) […]
