KRG | Egypt Oil & Gas - Part 2
Basra Exports up 150K b/d
Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November, Reuters reports. The government had previously announced that it would increase production from Basra by 200,00...
$4B KRG Debt Hindering Iraq-Turkey Export Agreement
The central government is negotiating an agreement with Turkey to export oil from Iraqi Kurdistan and Kirkuk through the Kurdistan Regional Government’s (KRG) oil pipeline, the Oil Minister, Jabbar El Luaibi, sa...
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), the Financial Times reports. The company recently announced tha...
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, the Oil Minister, Jabbar El Luaibi, announced, according to UPI. The port now has the capacity to expor...
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, Reuters reports. The pipeline was closed in 2014 as the Islamic State militants swept across no...
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, Reuters reports. The rise represents a modest increase from the last week’s range of 200,000 to 250,000 b/d, but...
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), Reuters reports. Exports had been hovering between 200,000 and 250,000 b/d after the central government seized...
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, Reuters reports. The current operator, the KAR Group, will retain a...
