Iraq | Egypt Oil & Gas - Part 43
Egypt, Iraq Sign Oil Exports Agreement
The Iraqi Oil Marketing Company (SOMO) has signed a contract for oil exports with the Egyptian government.
Egypt to Import Crude Oil from Libya
The Egyptian General Petroleum Corporation (EGPC) stated that negotiations with Libya to import 1mb/m of crude oil for a year are taking place.
Egypt to Negotiating Benzene Imports
Egypt is in talks to import 2.3m tons of benzene annually during 2017.
Iraq’s Oil Reserves Increased to 153b Barrels
Iraq's oil reserves have increased to 153b barrels, from a previous estimate of 143b barrels, according to the Oil Minister, Jabal al-Luaibi.
Iraq Stopped Fire at Qayyara Oil Field
The technical teams of the Iraqi government-owned North Oil Company, civil defense, and military engineers have managed to extinguish fire in the No. 70 well in Qayyara oilfield in Iraq's northern province of Nineveh.
Iraq’s Basra Terminal to Stop Operations for 24 Hours
Iraq's main oil export terminal, off the southern city of Basra, will stop loading operations for 24 hours, because of work to install a new pipeline feeding the facility.
Iraq’s KRG Exported 625,000b/d of Oil
Iraq’s Kurdistan Regional Government (KRG) exported 625,000b/d of oil to Ceyhan Port in January.
Iraq Seeks Partners for New Gas Plant
Iraq is looking for foreign partners to build and operate a second venture to process gas released as a by-product of oil production in its southern fields.
