Basra | Egypt Oil & Gas - Part 2

Iraq’s Basra Crude Sees Higher Exports as Refinery Rates Rise

Basra Light crude imports to the Louisiana Offshore Oil Port (LOOP) have risen by more than 4.4 million barrels so far in April versus the same period in March, according to data from Platts Analytics and US Customs, ...

Iraqi Oil Exports See Slight Rise in March

Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight increase from the numbers for February, which marked the third month in a downward trend, Reuters reported. Ex...

Iraq to Increase Production from Rumaila

Iraq aims to increase production at the Rumaila oilfield by 50,000 barrels per day (b/d) in 2018, an official at the field told Reuters. The oilfield currently produces 1.45 million b/d, the official said, which will ...

Basra Exports up 150K b/d

Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November, Reuters reports. The government had previously announced that it would increase production from Basra by 200,00...

Basra Crude to Offset Lower Kirkuk Production

Iraq is increasing crude exports from its southern oilfields to make up for production shortfalls from the Kirkuk, Reuters reports. The government announced on Saturday that it would increase crude exports from its Ba...

Tribes Clash Close to Basra’s Oil Fields

Tribal clashes in Iraq’s oil-rich Basra region are beginning to impact oil operations, Reuters reports. While local officials indicated that oil output had remained steady, Reuters’ sources indicated local disturbance...

Iraq to Increase Exports from Amaya

Iraq’s Deputy Petroleum Minister for Production and Exploration, Karim Hattab, said that the ministry plans to increase the exporting capacity of Amaya terminal in Basra to nearly 1mb/d, adding that the Basra Oi...

Iraq Calls for Bids for Basra’s New Oil Refinery

Iraq’s Oil Ministry asked foreign companies and investors to bid for a project to build and operate a 300,000b/d export-oriented refinery in Fao, near the southern city of Basra, according to Reuters. As informe...

Iraq’s Basra Terminal to Stop Operations for 24 Hours

Iraq’s main oil export terminal, off the southern city of Basra, that loads 1.8mb/d of oil, will stop operations for 24 hours, because of work to install a new pipeline feeding the facility, Reuters reported. Ac...

Iraq to Curb Oil Exports in November

Iraq plans to trim crude oil exports from its southern ports to 3.24mb/d in November compared with 3.28mb/d planned for October, reported Reuters. The State Oil Marketing Organisation (SOMO), released preliminary data...

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