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Iraqi Kurdistan
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Iraqi Kurdistan Pipeline Capacity to Reach 1 Million B/D in 2016: KRG Minister
Dec 2, 2015Crude oil is flowing through the Kurdish-controlled Iraq-Turkey pipeline at 650,000-700,000 b/d and the line's pumping capacity will be lifted to 1 million b/d by 2016, the Kurdistan Regional Government's natural resources minister said ...
Tags: Crude oil
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Iraq Set a New Post-War Record in April for Exports Through Its Southern Terminals
May 7, 2014Iraq exported 2.509 million b/d of crude in April, all from its southern oil terminals as the country's northern export pipeline remained inoperable. April exports were 112,000 b/d more than the 2.397 b/d exported from the country in ...
Tags: Crude, oil terminals
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The Volume of Crude Has Reached 1 Million Barrels
Mar 10, 2014The volume of crude from the northern Iraq region of Kurdistan being held in tanks at Turkey's Mediterranean oil hub of Ceyhan has reached 1 million barrels, Turkish energy minister Taner Yildiz told reporters Wednesday in a press ...
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Gulf Keystone Has a 20 Per Cent Working Interest
Feb 21, 2013Gulf Keystone notes today’s update by MOL Hungarian Oil and Gas Plc., the operator of the Akri-Bijeel Block in the Kurdistan Region of Iraq (in which Gulf Keystone has a 20 per cent working interest), on its extensive exploration and ...
Tags: New Oil, Iraqi Kurdistan, Gulf Keystone
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The Company Is Committed to Pumping Gas and Finding Oil in Southern Iraq
Feb 19, 2013In an interview with Reuters, the chief executive of Kuwait Energy says the company is committed to pumping gas and finding oil in southern Iraq, and will not risk aggravating Baghdad by pursuing deals in Iraqi Kurdistan. Sara Akbar ...
Tags: Kuwait, Energy's Plans, Iraq
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Turkey Will Continue to Encourage Turkish Energy Companies to Sign More Agreements
Feb 18, 2013A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it ...
Tags: oil, gas, Investment
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Swiss Oil Trader Trafigura Is Still Indirectly Supplying Gasoline to Iraq
Feb 18, 2013Four industry sources have told Reuters that Swiss oil trader Trafigura is still indirectly supplying gasoline to Iraq through another firm, despite being banned from participating in tenders for 2013 after buying oil from Iraqi Kurdistan. ...
Tags: oil trader, oil, gasoline
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Iran and Iraq Have Agreed to Invest in Several Industries
Feb 17, 2013Iran and Iraq have agreed to invest in several industries, including the petrochemical sector, Mr. Mohebat Raeesi, managing director of Iran’s Arvand Free Trade Zone (FTZ) has announced. After a meeting with director general of ...
Tags: Iran, Iraq, petrochemical sector
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Trade Between Iran and Iraq Exceeded $10 Billion in The Current Iranian Year
Jan 28, 2013Iran Daily reports that trade between Iran and Iraq exceeded $10 billion in the current Iranian year (started March 20, 2012). Speaking at a seminar on trade and investment in the Iraqi Kurdistan region, which was held by Isfahan Chamber ...
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Pres Barzani Would Discuss The Latest Political and Economic Developments in Kurdistan
Jan 23, 2013President of Iraqi Kurdistan, Masoud Barzani, hosted foreign diplomats and representatives of international organizations based in Erbil last week to discuss the latest political and economic developments in Kurdistan and in Iraq and to ...
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Afren Plc's Trading Statement and Operations Update
Jan 23, 2013Afren plc‘s trading statement and operations update includes the following review of its activities in Iraqi Kurdistan. Shares in the company closed up 2.7 percent: Barda Rash Having commenced an extensive testing programme at the ...
Tags: Afren, trading statement, operations update
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The Company Has Frozen Projects in Iraqi Kurdistan
Jan 18, 2013Both Russia’s Gazprom Neft and the Kurdistan Regional Government have denied that the company has frozen projects in Iraqi Kurdistan. “Gazprom Neft is still working on these projects. The company keeps its interest in ...
Tags: Gazprom, Freezing Kurdistan Contracts, Iraqi Kurdistan
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SOMO Will Take Legal Action Against Companies Exporting Crude Oil
Jan 14, 2013Iraq’s State Oil Marketing Organization (SOMO) has issued a statement suggesting it will take legal action against companies exporting crude oil without dealing with the central government, including the confiscation of cargoes and ...
Tags: Iraq, crude oil, oil exports, Oil Marketing Company
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Kuwait Energy Would Replace Turkey's State-Owned Turkiye Petrolleri AO
Jan 10, 2013Iraq has approved the deal under which Kuwait Energy would replace Turkey’s state-owned Turkiye Petrolleri AO (TPAO) on the Block-9 exploration contract. Abdul-Mahdy al-Ameedi, director of the ministry’s contracts directorate, ...
Tags: TPAO, Kuwait Energy, Turkey, oil, Iraq
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Petroceltic Gave an Update on Its Operations in Iraqi Kurdistan
Jan 9, 2013By John Lee. As part of its operational update yesterday, Petroceltic gave an update on its operations in Iraqi Kurdistan: An active exploration and development programme is scheduled for 2013 with a capital expenditure budget of US$150 ...
Tags: Petroceltic, Iraqi Kurdistan, active exploration, development programme