Iraq | Egypt Oil & Gas - Part 11

Iraq to Increase Southern Ports’ Crude Exports

Karim Hattab, Iraq’s Deputy Oil Minister for Distribution Affairs stated that the country will work on increasing crude oil export capacity from its southern ports.

Iraq to Export Fuel to Lebanon in 2021

Iraq will begin exporting fuel to Lebanon in 2021 using global prices, Iraqi Oil Minister, Ihsan Abdul Jabbar Ismail, stated.

Khor Mor Achieves Gas Production Record of 430 mmcf/d

Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).

El Molla Discusses Ways to Reinforce Cooperation with Iraqi Industry Minister

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Iraqi Minister of Industry and Minerals, Manhal Aziz, has discussed the ways of bilateral cooperation in the mining sector during the upcomi ...

Iraq Denies Asking For Exemption From OPEC+ Cuts

Iraq rejects stories that they are seeking an exemption from OPEC+ cuts, with Oil Minister Ihsan Abdul Jabbar maintaining that an increase in production would cause crude prices to fall.

BP Pledges Oil, Gas Investments in the Middle East

BP has affirmed it will continue it will invest more money into Iraq’s, Oman’s, and the United Arab Emirates’ (UAE) oil and natural-gas fields despite the company’s transition to renewable energy and tries to lowe ...

Iraq Revises Price Mechanism for 2021 Shipments

Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.

Iraq Seeks Negotiation with OPEC+ If Cuts Extended 

Iraq’s Member of the Parliamentary Oil and Energy Committee, Ghalib Muhammad, is seeking to negotiate with the Organization for Petroleum Exporting Countries and its allies (OPEC+) a reduction in Iraq’s percentage ...

Iraq, Saudi Keen on Future Energy Projects

Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed on November 8 that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects.

Iraq to Produce a New Grade of Crude Oil

Iraq’s state-run Oil Marketing Company (SOMO) has announced its intentions to launch a third strain of crude oil export-grade called Basra Medium.

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