The Iraqi Ministry of Electricity says it is in talks with Iran for securing a rise in imports of natural gas from its eastern neighbor as Baghdad works to inaugurate new power plants fueled by natural gas. Ahmad al-Ebadi, a spokesman for the ministry, said the volume of gas imports …
Read More »U.S. Imported +450,000 Oil Barrels from Iraq Last Week
U.S. crude oil imports from Iraq averaged 165,000 oil barrels per day (bpd) last week, the Energy Information Administration (EIA) revealed. According to the report, last week’s oil imports from Iraq amounted to 454,000 barrels (165,000 bpd). Iraq followed the United States’ top crude oil suppliers, Canada (3.308 million bpd), …
Read More »Iraq, Saudi Arabia Send Crude Oil to Europe through Egypt
Iraq and Saudi Arabia are working on sending their crude oil to Europe in an effort to help the continent’s oil refineries which are desperately trying to give up the oil supplies from Russia. According to a report recently published by Bloomberg, more than one million barrels per day of …
Read More »EIA: U.S. Crude Imports from Iraq Surged Last Week
The U.S. crude oil imports from Iraq averaged 456 thousand barrels per day (bpd) last week, the Energy Information Administration (EIA) said on the weekend. In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 5.722 million bpd last week, up by 439 …
Read More »Iraq, Kurdistan Choose Dialogue to Ease Oil Dispute
The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to “increase dialogue” to ease a simmering oil dispute that has been playing out in the courts in recent months. The announcement came during a rare visit to the Iraqi capital by the Kurdish region’s prime minister. Masrour …
Read More »China to Construct Two Solar Power Projects in Southern Iraq
Two solar power projects were reportedly given to Chinese corporations by Iraq. This is in accordance with a contract deal between Iraq and China that was reached in 2019 led by former Iraqi Prime Minister Adel Abdul Mahdi. Both solar installations are in the Al-Muthanna Governorate, which borders Saudi Arabia …
Read More »Iraq, KSA are Helping Europe Overcome a Pivot away from Russian Oil
Saudi Arabia and Iraq are helping Europe wean off of Russian crude, which is increasingly headed to Asia, as Vladimir Putin’s war on Ukraine reshuffles the global energy market. Europe has imported more than 1 million barrels per day via the SuMed pipeline in the first three weeks of July, …
Read More »EIA: U.S. Crude Imports from Iraq Slumped Last Week
U.S. imports of crude oil from Iraq last week averaged 302 thousand barrels per day (bpd), the Energy Information Administration (EIA) said this weekend. In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 5.957 million bpd last week, up by 55 thousand …
Read More »Quarterly Non-Oil Export to Iraq Drops 22% Year on Year
The value of Iran’s non-oil export to Iraq fell 22 percent in the first quarter of the current Iranian calendar year (March 21-June 21), from that of the same quarter in the previous year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced. Ruhollah Latifi said that Iran …
Read More »Iraq Says to Pay for Gas Imports from Iran Monthly
Iraq’s Electricity Minister Adel Karim has said that Baghdad has paid for all unpaid bills to Iran, and from now on, it will pay for imported gas monthly. The Iraqi electricity minister said, “Recently, $1.649 billion were paid to Tehran for gas debts, and Baghdad does not have any unpaid …
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