Iraq | Egypt Oil & Gas - Part 38
Iraq Announces Gas Liquids, Condensates Exports
Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi.
OPEC, Non-OPEC Countries to Discuss Non-Compliance with Agreement
Kuwait and Russia will chair a meeting in Abu Dhabi on August 7th and 8th to discuss why some signatories of last year’s oil-production agreement are failing to fulfill their promises to cut production.
Petrojet Establishes First LPG Storage Tank in Iraq’s Siba
Egypt's Petroleum Projects & Technical Consultations Company (PETROJET) installed its first liquefied natural gas (LNG) storage tank at the Iraqi Siba gas field.
Petrofac Signs New Agreements in Iraq
Iraq has awarded the UK-based company Petrofac a new contract and a contract extension of an existing agreement to provide engineering services to two international oil companies (IOCs).
Iran Loses Indian Oil Market to Iraq
India has reduced its imports of Iranian oil by 33%, while increasing its purchase of Iraqi oil.
Iraq’s Oil Production to Reach 5 M b/d
Iraq’s oil production is expected to reach 5 million b/d by the end of 2017, while associated gas production is expected to record 1.3 billion standard cubic feet.
Egypt, Iraq to Establish Joint Oil Companies
Egypt and Iraq agreed on establishing joint companies for oil, natural gas, and petrochemicals.
Gazprom Neft, OMV Sign MoU
Russia's Gazprom Neft and Austria's OMV signed a memorandum of understanding (moU) for working together on Iran’s oil and gas projects.
