Iraq has launched its latest oil export infrastructure expansion project; a new pipeline that would carry crude from southern Iraq across Jordan to the port of Aqaba on the Red Sea. When completed, the pipeline would carry crude from the southern oil fields in Basrah and Missan, as well as the Midland fields such as Nassiriya, Gharaf and Badra to be exported through a new terminal, primarily to markets in…
Tag: Basrah
Unitization Dilemma
As Iraq and Kuwait forge ahead with their political rapprochement and the demarcation of their international boundaries, a major milestone will be achieved once an agreement is reached on the joint oil fields that straddle the border between the two states. That’s where Iraq needs all its resources to settle the issue in a manner that preserves its sovereignty and safeguards its interests in a way that does not lead…
Pipelines Politics
Is Iraq’s foreign policy at the regional and international levels dictated by its position as an oil producer and exporter or is Iraq managing its resources in function of what its alliances and relationships allows it to do? Judging by the past, oil has mostly been a victim of the politics of the regime. This does not only apply to the last one, but goes back as far as the…
Abdul Mahdi Al-Ameedi
Abdul Mahdi al-Ameedi, director general of Iraq’s oil ministry’s Petroleum Contracts & Licensing Dept. (PCLD), sheds light on the ministry’s fourth bid round scheduled for May30-31, and the service contract on offer, its advantages and shortcomings, in an interview with IOF editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: Offering a service contract type with a fixed fee for oil and gas exploration work is unusual and almost…