Iraq | Egypt Oil & Gas - Part 6

Iraq, Lebanon Discuss Imported Oil Details

Director General of the Lebanese Public Security, Abbas Ibrahim, stated that technical teams from Iraq and Lebanon are going into discussions about the technical details of the imported oil material from Iraq to L ...

Iraq to Invest 200 mscm/d of Gas from Dhi Qar Fields

The Undersecretary for Extraction Affairs of the Iraqi Oil Ministry, Karim Hattab announced that the ministry plans to invest the gas accompanied with oil operations in Dhi Qar Governorate through conducting contr ...

Iraq to Supply EGPC with 12 mmbbl of Crude in 2021

The Iraqi Council of Ministers approved the renewal of a contract to supply 12 million barrels (mmbbl) of Basra Light crude to the Egyptian General Petroleum Corporation (EGPC) in 2021.

Iraq to Increase Southern Ports’ Crude Exports

Karim Hattab, Iraq’s Deputy Oil Minister for Distribution Affairs stated that the country will work on increasing crude oil export capacity from its southern ports.

Iraq to Export Fuel to Lebanon in 2021

Iraq will begin exporting fuel to Lebanon in 2021 using global prices, Iraqi Oil Minister, Ihsan Abdul Jabbar Ismail, stated.

Khor Mor Achieves Gas Production Record of 430 mmcf/d

Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).

El Molla Discusses Ways to Reinforce Cooperation with Iraqi Industry Minister

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Iraqi Minister of Industry and Minerals, Manhal Aziz, has discussed the ways of bilateral cooperation in the mining sector during the upcomi ...

Iraq Denies Asking For Exemption From OPEC+ Cuts

Iraq rejects stories that they are seeking an exemption from OPEC+ cuts, with Oil Minister Ihsan Abdul Jabbar maintaining that an increase in production would cause crude prices to fall.

BP Pledges Oil, Gas Investments in the Middle East

BP has affirmed it will continue it will invest more money into Iraq’s, Oman’s, and the United Arab Emirates’ (UAE) oil and natural-gas fields despite the company’s transition to renewable energy and tries to lowe ...

Iraq Revises Price Mechanism for 2021 Shipments

Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.

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