Iraq | Egypt Oil & Gas - Part 21

Iraq, Jordan Agree on Trading Oil and Other Goods

Iraq is going to sell 10,000 barrels per day (b/d) of oil from its Kirkuk oilfields to Jordan at a special price and Iraqi goods imported through Aqaba port will have preferential tariffs.

Iraq Plans to Reduce Oil Prices for Jordan

Iraq plans to reduce the price of oil traded to Jordan, in return for getting preferential tariffs on goods that Iraq receives from Jordan through Aqaba port.

Iraqi Gulf Keystone to Delay Production Target

The Iraqi-focused operator Gulf Keystone Petroleum expects to delay its 55,000 b/d target to early 2020 as the company currently faces a delay in kicking off a drilling campaign at the Shaikan field.

Iraqi Genel Energy to Boost Production in 2019

The Iraqi-focused producer Genel Energy plans to increase production in 2019 through the exploration of three more wells in Kurdistan’s Taq Taq field.

Iran to Stand Against US Sanctions: Oil Minister

Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions

Iraq Exports Increased in December: Oil Minister

Iraq’s oil exports increased in December, 2018 to hit around 3.276 million barrels per day (b/d), Thamer Ghadhban, Iraqi Oil Minister said in a statement on January 2.

Weir Oil and Gas Signs Contract with Iraqi JV

Weir oil and gas Dubai signed a multi-year contract with an Iraqi JV for rotating equipment overhaul services.

Kuwait, Iraq to Appoint Expert for Oil Production Assessment

Kuwait and Iraq have selected a consultant to estimate the oil reserves in the areas on the border between the two countries.

Egypt, Iraq Discuss Petroleum Projects

Minister of Petroleum, Tarek El Molla, met with his Iraqi Counterpart, Thamir Ghadhban, to discuss boosting joint relation in the oil and gas industries, as well as opportunities for Egyptian companies to increase ...

US Extends Iraq’s Waivers to Continue Importing from Iran

The waiver will allow Iraq to continue importing electricity from Iran as the main Iraqi power plants depend on Iranian natural gas. Besides, Baghdad’s power generation is not enough to ensure domestic supply.

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