Iraq | Egypt Oil & Gas - Part 38
UK Approves $117M to Finance Iraqi Power Plants
UK Export Finance, a British agency tasked to promote British exports, will provide $117 million in financing to General Electric and Enka UK for the construction of two gas-powered electricity plants in Iraq.
Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.
Hexagon Awarded Iraqi Order for LNG Cylinders
Hexagon Ragasco won a major new order for liquefied petroleum gas (LPG) cylinders from the Iraqi Gas Filling Company (GFC). Iraqi Oil Minister Visits Saudi Arabia
Iraqi Oil Minister, Jabar El Luaibi, visited Saudi Arabia on August 8th to discuss the oil market and OPEC's efforts to stabilize prices.
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
Kirkuk Government Opposes Iran-Iraq Pipeline
The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran.
Iraq’s Oil Exports Reach 3.230 M b/d
Iraq's oil exports reached an average of 3.230 million b/d in July, the Iraqi oil ministry announced August 1st.
Opportunity for further Egyptian Investment in Iraq
Iraq offered the Egyptian government the opportunity to invest in several concession areas.
