Iraqi Oil Exports from Southern Oilfields Reach 3.535 M b/d in December
Iraqi oil exports from the southern Basra ports increased by 1% to 3.535 million barrels per day (mb/d) in December 2017, compared to 3.5 mb/d in August.
Iraqi oil exports from the southern Basra ports increased by 1% to 3.535 million barrels per day (mb/d) in December 2017, compared to 3.5 mb/d in August.
Zhenhua Oil will develop the southern part of the East Baghdad oilfield.
Exxon Mobil and Iraq are still negotiating a proposed project to enhance production from some of Iraq’s southern oilfields.
The Iraqi Oil Minister, Jabar El Luaibi, expressed confidence that oil markets will tighten next year.
Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November.
The Iraqi Oil Ministry set January 24th as the deadline for companies to submit letters of interest for a project to replace the old Kirkuk-Ceyhan pipeline.
Royal Dutch Shell has begun transferring operations at the Majnoon oilfield to the Iraqi Oil Ministry.
Iraq failed to sell a cargo of two million barrels of Basra Heavy during an auction on the Dubai Mercantile Exchange yesterday.
Iraq plans to use drones to protect its oil pipelines beginning next year.
Iraq has begun reconstruction efforts on the Baiji Refinery.