Tag Archives: Iraq Oil Ministry

The waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.

The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.

This project will open the door to provide employment opportunities for the Iraqi labor in Dhi Qar province.

Iraq is also planning to rehabilitate a pipeline via Turkey.

The goal is to increase Iraqi export outlets and find markets for the increasing oil production.

Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.

Iraq is seeking self-sufficiency in various spheres including electricity and gas.

The shift is driven by more favorable investment conditions in the Kurdistan Region of Iraq.

IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.

Around 300.000 bpd of crude oil previously pumped and exported in the Kirkuk province to the Turkish port of Ceyhan.