By James Drummond, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]
By John Lee. Iraq's Ministry of Oil has been authorised to negotiate a long-term agreement with Turkey governing the Iraq-Turkey pipeline (ITP), according to a cabinet decision. The Council of Ministers approved an amendment to Resolution 254 of 2026, extending the pipeline contract for four months. Under the amended resolution, the Ministry of Oil is […]
By John Lee. According to the state-run Iraqi News Agency (INA), the Kirkuk-Nineveh crude oil export pipeline, which carries oil to the Turkish port of Ceyhan, is set to resume operations within a month. Bassim Mohammed Khudair, Undersecretary of the Ministry of Oil for Extraction Affairs, told the agency that the ministry also has a […]
By John Lee. The Basra-Haditha pipeline project will reportedly have an export capacity of 2.5 million barrels per day (bpd) and is expected to create around 15,000 jobs for Iraqi workers. The Ministry of Oil spokesman, Sahib Bazoun, told the state-run Iraqi News Agency (INA) that the pipeline will serve as a supplementary overland export […]
By John Lee. A delegation from Iraq's Ministry of Oil, led by the Director-General of North Oil Company (NOC), Amer Khalil Ahmed, has visited the Iraqi Embassy in Damascus, where it met with the chargé d'affaires. The visit was focused on prospects for co-operation with the Syrian side regarding the reactivation of the Iraq-Syria oil […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Western Pipeline Gambit Faces a Wall of Risk amid Export Crisis The effective closure of the Strait of Hormuz amid the latest round of war between Iran, Israel and the United States […]
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. Iraq has formed a special committee to oversee the Basra-Haditha multi-directional oil pipeline project, following a meeting chaired by Prime Minister Mohammed Shia' Al-Sudani. The committee will be headed by the Under-Secretary of the Ministry of Oil and will include relevant advisers to the Prime Minister as well as directors-general from the […]
By John Lee. A proposed pipeline linking southern Iraq's oil fields to the Turkish port of Ceyhan on the Mediterranean has re-emerged as a strategic option for diversifying Iraq's export routes, according to analysis published by the Centre for Trade and Economic Studies (TREC). The proposal has gained renewed attention following remarks by the Executive […]
By John Lee. Iraq's Ministry of Oil has announced that exports via the Kirkuk-Fishkhabour-Turkey pipeline are expected to resume soon, initially with limited volumes. The Ministry said the pipeline, which has a total capacity of 1.6 million barrels per day (bpd), will be brought back into service following completion of hydrostatic testing. Saheb Al-Bazoun, spokesperson […]
By John Lee. The Iraqi government has approved a revision to its previous decision on the Basra-Haditha crude oil pipeline project, enabling a direct invitation process for participating companies. Under the amended Decision No. 578 of 2025, the Ministry of Oil will invite specialised and interested companies to submit bids for the project, rather than […]
By John Lee. The Undersecretary at Iraq's Ministry of Foreign Affairs has told state-run Iraqi News Agency that work to rehabilitate the Kirkuk-Baniyas oil pipeline remains suspended due to the security situation in Syria. He added that government is reviewing alternative export routes, including: Oil export link via Turkey Proposed connection through Jordan to Egypt […]
