Iraq | Egypt Oil & Gas - Part 11

Iraq Discusses Natural Gas Opportunities With BP 

The Iraqi Oil Minister, Ihsan Abdul-Jabbar Ismail, stressed on 13 October the importance of expediting plans for gas investment associated with oil operations in Al-Rumaila oil field.

Iraq Could Generate 3.5 GW by Capturing 40% of Gas Flaring

Joe Anis, CEO at GE Gas Power Iraq, asserts that Iraq could generate over 3.5 gigawatts of power by capturing 40% of associated gas that is currently burned.

Iraq Asks KRG to Cut Production by 120,000 bbl/d

Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d).

Jordan Set to Resume Oil Imports from Iraq

Net oil and gas importer, Jordan, is set to resume crude imports from its Middle Eastern neighbor, Iraq, later on in September after shipments were suspended due to the pandemic.

Iraq to Raise Baiji Refineries to 280,000 bbl/d

Iraqi Oil Minister, Ihsan Abduljabbar, has announced that the ministry is planning to raise the production capacity of Baiji refineries to 280,000 barrels of oil per day (bbl/d).

Oil Pipeline from Iraq to Egypt, Jordan Gets Considered

The Minister of Petroleum and Mineral Resources, Tarek El Molla, raised the subject of establishing a pipeline to transport crude oil from Iraq to Egypt and Jordan.

Iraq Denies OPEC+ Deal Exemption Reports, Affirms Commitment to Deal 

Iraq has refuted claims that it was seeking an exemption from the reduction pact during the first quarter of 2021 and has reaffirmed its commitment to the deal.

Iraq Asks for Exemption From OPEC+ Production Deal in 2021

Iraq, the Organization of the Petroleum Exporting Countries’ fourth-largest producer of oil, is seeking a pardoning from the existing OPEC+ deal in Q1 of 2021 but insists it will adhere to cuts over the next 3 mon ...

Iraq to Proceed with Nebras Petrochemical Project

Iraq’s oil minister, Ahsan Ismail, reiterated the country’s willingness to progress with the implementation of the Nebras project to strengthen Iraq as a global player in the petrochemicals market.

Iraq’s Oil Revenue Reach $3.49 B

Iraq’s oil ministry has announced that oil revenues accounted for in excess of $3.49 billion after a total of 85.6 million barrels of oil (mmbbl) were exported.

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