Iraq | Egypt Oil & Gas - Part 17

Kurdistan to be Included in Iraq’s Oil Production Cuts

Iraq’s oil minister, Thamer al-Ghadhban,  announced that the Kurdistan region is included in the 1 million barrels per day (mmbbl/d) cut of oil production.

Jordan to Obtain Maximum Oil Quantities from Iraq

The Jordanian Minister of Energy, Hala Zawati, announced in a statement that the ministry has arranged with the Iraqi side to raise the number of shipments to receive the full amount that the two sides had contrac ...

Iraq’s Oil Revenues Increase to $5 Billion

Iraq's oil revenues surpassed $5 billion in February through exporting more than 98 million barrels of crude oil (mmbbl).

Genel Energy Boosts Production in 2019

Genel Energy, the Iraq-Kurdistan focused energy producer, has succeeded in boosting its production rates in 2019 despite the decline in its revenues because of payment delays from the Kurdistan Regional Government ...

Iraq to Gain $1.75 B from Selling Oil to China

Iraq is expected to gain approximately $1.75 billion from the sale of 100,000 barrels per day (bbpd) of crude oil to China in 2020,

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, China Oil Exports to Increase to 300,000 BBL/D

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.

Ghadhban Announces Completing Initial Process of Iraqi-Jordanian Pipeline Bid

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 Nassiriya Oilfiled Operations Resumes

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.

Iraq Oil Exports Declines to 3.428 mmbbl/d in December

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

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