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: pipeline
Iraq’s Oil Ministry and KRG Hold Talks on Oil Export Schemes
14 October 2008 Iraq’s oil ministry and the Kurdistan Regional Government (KRG) have held talks in recent weeks that could pave the way to export oil produced in the northern region by international oil companies. They could also possibly open the way for an agreement between the federal government and the KRG on the contested production sharing contracts awarded by the KRG in recent years, Iraqi sources said In the…
Iraq Turns Spotlight on Natural Gas Projects as Shortages Bite
20 March 2008 The Iraqi oil ministry is tendering a contract to build a pipeline linking the Akkas gas field in northwest Iraq to the Syrian border with the aim of starting exports to Syria within a year of contract award, a senior Iraqi official said Wednesday. Akkas was discovered in the late 1990s, and six wells were drilled there by a Syrian contractor before the US-led invasion in 2003….
Iraq, Iran Oil Deal Raises Suspicions
15 August 2006 Iraq and Iran signed a memorandum of understanding (MOU) on Sunday to swap Iraqi Basrah oil for refined products, the second such deal since July 2005. The two Mideast nations also agreed over the weekend to jointly develop shared oil fields, an issue that is expected to raise suspicion by critics of an Iran-Iraq alliance. With Iraq in the midst of its worst fuel crisis since 2003,…