Iraq to Increase Crude Oil Production
Iraq plans to increase crude oil production capacity in the next two decades, according to Thamer Al-Ghadhban, Iraq’s Oil Minister.
Iraq plans to increase crude oil production capacity in the next two decades, according to Thamer Al-Ghadhban, Iraq’s Oil Minister.
Iraq plans to raise its crude oil exports to China to reach 300,000 barrels per day (bbl/d), according to Mudher Saleh, Iraq’s Financial Advisor.
The Iraqi Minister of Oil, Thamir Ghadhban, announced on January 4, 2020 the completion of the pre-qualifying process for countries interested in participating in the Iraqi-Jordanian oil pipeline project bid.
Iraq’s southern Nassiriya oilfield operations have been resumed on December 30, 2019, but it will take up to two days for output to be fully restored.
Iraqi oil exports decreased to 3.428 million barrels per day (mmb/d) in December in comparison of 3.5 mmb/d in the previous month
Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq ...
The Baeshiqa-2 exploration well in Iraq’s Kurdistan region has achieved a hydrocarbons discovery.
The International Monetary Fund (IMF) has declared Iraq's oil production and oil fields unaffected by the nationwide protests.
Iraq exported around 204,000 barrels of oil equivalent (boe) to Jordan during September, according to Energy Minister Hala Zawati.
The country is producing less than its usual capacity of approximately 5 million b/d, as per an OPEC+ agreement to cut production and support prices.