Infrastructure bottlenecks will limit Iraq's exports and production in the short term, but SOMO is squeezing value from oil sales through new marketing strategies.
Q&A: Ali Nazar al-Shatari, deputy director general of SOMO
Results for "iraq in the crude world part"
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The four-year plan
The Iraqi Oil Ministry's four-year plan, unveiled but not reproduced in February, available here only to Iraq Oil Report subscribers.
Iraq in the Crude World: Part 1
A stunning and revealing examination of oil's indelible impact on the countries that produce it and the people who possess it.
Iraq in the Crude World: Part 2
A stunning and revealing examination of oil's indelible impact on the countries that produce it and the people who possess it.
Production-sharing contracts: a dying breed?
EDITOR'S NOTE: The issue of production-sharing contracts (PSCs, also called production-sharing agreements, or PSAs) in Iraq is a contentious one. Encouraged initially by American advisers as the best means for investment in post-war Iraq by, the system, which allows oil companies to take a share of the profits of all oil extracted, can mean that […]
U.S. Marshals ordered to seize KRG crude
Iraq’s Oil Ministry stops oil from Kurdistan from being sold to American buyers.
Baghdad may ramp up legal challenge to Kurdish crude exports
Prime Minister Abadi orders lawyers to block any attempt by the autonomous Kurdistan region to ship oil to the United States following reports that a tanker bearing KRG crude is en route.
Q&A: Ali Qays Abdul-Jabbar, Director of the Iraqi Oil Tankers Company
Iraq’s State Oil Tankers Company hopes to rebuild its fleet to take on crude oil exports and match its Gulf peers.
Q&A: Ali Qayas Abdul-Jabber, director general of the Iraqi Oil Tankers Company
Iraq’s state-run tanker company is expanding its fleet and preparing to start handling some of the country’s crude exports.
Q&A: Ashti Hawrami Part 3
Kurdistan's top oil official makes the case for his region's right to export oil independently.
Analysis: Iraq, the world’s new oil powerhouse?
As production pushes above pre-sanctions OPEC quota levels, Iraq is poised to take center stage in the global oil arena – if it can overcome domestic disarray and regional strife.
Kurdish oil boom begins
Despite major unresolved political disputes, exports hit record levels from Iraqi Kurdistan, which is looking to expand production further as companies begin collecting the payout from Baghdad.
Bringing transparency to Iraq’s crude world
Oil Ministry Inspector General talks about the smuggling evolution, and wants more civil society participation in Iraq’s efforts to be transparent.
Gulf Keystone doubles down on Kurdistan
Despite risks above and below the ground, Gulf Keystone is gambling that Kurdistan's seas of underground oil will yield big returns.
Government scrambles for solutions as Iraq faces financial free fall
Confronting low oil prices and a pandemic, Iraq will likely be forced to draw heavily from its foreign currency reserves while slashing oil and investment spending.
New details of KRG oil deals reveal latent risks
Kurdistan's oil trading arrangements have provided independent revenue streams, but they also present problems, including rising debts and further political controversy.
Kurdistan challenges Baghdad export powers
In a bid to expand its oil powers, the KRG is aiming to debunk SOMO's status as the exclusive exporter of Iraqi crude.
New gas pipeline reinforces Turkey-KRG ties
Turkey is building a pipeline to the Iraqi border – paving the way for natural gas imports and marking a step forward in its energy partnership with Kurdistan.
For IOCs seeking cash flow, KRG local market falls short
With Kurdistan's export pipeline tangled in politics, beleaguered oil producers hoped they could make ends meet with domestic sales – but demand has been uneven at best.
In the theatre of oil, the politics of Iraq
The grand oil auction Dec. 11 and 12 required a breakout performance for Iraqi Oil Minister Hussain al-Shahristani in time for the national elections.
Q&A: WesternZagros CEO Simon Hatfield
The head of one of the first companies to sign with the KRG discusses the path to commerciality.
Iraq’s crude oil production capacity: the way ahead
Thamir Ghadhban, the top oil adviser to Prime Minister Nouri al-Maliki, charts the goals and assesses the problems for the country's oil sector.
Q&A: Deputy Prime Minister for Energy Hussain al-Shahristani
Iraq's top energy official discusses ExxonMobil, the KRG budget proposal, the status of fighting in Anbar and more.
Q&A: Falah Alamri, Director General of SOMO
Days before a major meeting among the world's largest oil producers, Iraq's export chief discusses depressed Kirkuk prices and a big plan for marketing Basra crude.