Tag Archives: Ihsan Abdul Jabbar

Iraq plans to invest $3 billion in the Basra Gas Company over the next five years, the Iraqi News Agency reported on Monday. “The aim is to increase gas production capacity by 40 percent as we seek to reach 1,400 million cubic meters of gas,” Oil Minister Ihsan Abdul Jabbar …

Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview that aired on Saturday. The minister said he expected the contract to be finalized before July. …

Iraq has decided against signing an oil-supply deal with a Chinese state company that would’ve seen the cash-strapped Arab nation get about $2 billion upfront, according to its oil minister. Baghdad opted not to go ahead with the contract after oil prices rose in recent months, Ihsan Abdul Jabbar said …

Oil Minister, Ihssan Abdul-Jabbar confirmed on Sunday Iraq’s endeavors to build oil depots in Pakistan and China, indicating that 70% of Iraq’s oil exports go to the east. Abdul-Jabbar said in an interview with Shafaq News Agency, “Iraq seeks to build oil depots in Pakistan and China,” noting, “there is …

Iraq said the OPEC+ oil cartel is unlikely to change its production policy at next month’s meeting and repeated promises to deliver overdue output cuts, even as the Arab nation’s economy reels. The group of crude exporters meets on March 4 and members will probably agree to keep output steady …

Iraqi Minister of Oil, Ihssan Abdul-Jabbar, considered setting a price of 80$ US/oil barrel suitable for Iraq to meet the federal budget’s expenditures. Abdul-Jabbar said in an interview with Shafaq News agency, “Iraq will export in 2021 about one billion and 100 million barrels of crude oil according to market …

The Iraqi Oil Minister, Ihssan Abdul-Jabbar said on Saturday that the country does not have significant losses in investing its joint fields with neighboring countries. Abdul-Jabbar said exclusively to Shafaq News Agency that “there is a committee for joint fields with Kuwait and Iran regarding joint oil fields with them,” …

Iraq, OPEC’s second largest producer, plans to boost the capacity of its southern oil export facilities by 72% to 6 million b/d after 2023 and wants to build storage tanks to help reach that target, a deputy oil minister said Dec. 26 Iraq will construct 24 storage tanks with a …

Iraq is committed to all OPEC+ production cut agreements that help contain the volatility in oil prices because OPEC’s second largest oil producer seeks higher prices for its crude exports, the country’s oil minister said Dec. 6. Ihsan Ismaael said in an oil ministry statement that oil prices are expected …

The Iraqi Oil Minister, Ihsan Abdul-Jabbar, announced on Sunday that the country will, for the first time, export three types of oil. Abdul-Jabbar said during a conference, “the price of 42 dollars per barrel was approved in the budget for next year”, noting that oil prices began to recover after …