Iraq | Egypt Oil & Gas - Part 33

Iraq Asks for “Clarifications” on Rosneft-KRG Deals

Iraq wants “clarifications” from the Russian oil giant, Rosneft, on the oil and gas contracts it has signed with the Kurdistan Regional Government (KRG).

Some ME Oil Exporters Could Run Budget Surpluses

With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.

Iraq Adds 900,000 b/d Export Capacity at Basra Port

Iraq increased the export capacity of its Basra port by 900,000 barrels per day (b/d) by adding a fifth terminal.

Iraqi Crude Exports to US Outstrip Saudi Arabia’s

Iraqi oil exports to the US moved ahead of Saudi Arabia’s by approximately 2.9 million barrels in September.

Turkey Supports Reopening of Kirkuk-Ceyhan Pipeline

Turkish President Tayyip Erdogan voiced his support for the Iraqi government’s plan to reopen the Kirkuk-Ceyhan pipeline.

Crude Exports from KRG Inch Higher to 300K b/d

Oil exports from the Kurdish Regional Government (KRG) rose to 300,000 barrels per day (b/d) on Tuesday.

KRG Exports Tick Up But Remain Low

Oil exports from the semi-autonomous Kurdish region in Iraq to Turkey rose to 255,000 barrels a day (b/d).

Iraq Weighing New Contract Terms for Majnoon

Iraq is considering new terms for the development of its Majnoon oilfield, Iraqi Oil Minister, Jabar El Luaibi, said on Saturday.

Rosneft to Acquire 60% in Kurdish Pipeline

The Russian oil giant, Rosneft, is set to invest $1.8 billion in the primary oil pipeline of the Kurdistan Regional Government (KRG) for a 60% stake.

Basra Crude to Offset Lower Kirkuk Production

Iraq is increasing crude exports from its southern oilfields to make up for production shortfalls from Kirkuk.

Page 33 of 66

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