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Energy

Iraqi exports trending up as Ceyhan loadings resume

Southern exports increased in September, and Iraq's nationwide oil sales are expected to climb further as the pipeline to Turkey reopens.
A tanker loads crude at the Turkish port of Ceyhan in May 2015. (STAFF/Iraq Oil Report)

Q&A: Abdul Karim Luaibi

Iraq's Oil Minister discusses 2014 exports, the Kurdish quota, postponing the fifth bidding round and more.

UPDATE: Dana Gas takes Kurdistan to court

Kurdistan's only gas producer has initiated arbitration proceedings against the KRG's Ministry of Natural Resources, alleging years of frustration and hundreds of millions of dollars in unpaid bills.

Basra negotiates Iran gas pipeline

A bilateral gas pipeline deal between Basra province and Iran could circumvent Baghdad's energy sector authority and conflict with UN sanctions.

Iraq lands first refinery investor

Swiss firm Satarem has signed a "binding MoU" to build and operate a $6 billion refinery in Missan province – the Oil Ministry's first success in attracting private refinery investment.

September exports down by 500K bpd

Upgrades to Gulf export facilities are shutting in exports, as expected, while persistent attacks and reservoir problems have challenged northern output.

Kurdistan signs first gas sales contract

A new contract with DNO and Genel will help the KRG wean itself off costly diesel for power generation, and set a baseline domestic gas price for oil companies evaluating potential new development.

Export dip to yield massive expansion

A new offshore platform will be the cornerstone of Iraq's revitalized southern export infrastructure, though its installation is causing a temporary drop in exports.