Tag Archives: Iraq

Iraqi ministry of electricity announced that the country’s debts for energy imports from Iran have been paid off and Baghdad is now consulting to increase gas imports from Iran. The spokesperson for the Iraqi ministry of electricity told media sources that Iraq imports 40 million cubic meters of Iranian gas …

Iraq may end up as one of the biggest losers from cheap Russian barrels flowing to Asia with lukewarm demand for its key grades. There have been no spot purchases of Iraq’s Basrah Medium or Basrah Heavy crude so far in the current Asia trading cycle, while a tender to …

Plans by Shell’s Iraq gas capture joint venture to ramp up its operations hinges on three southern oil fields reaching their plateau level of production to allow the JV to process more associated gas, the country chairman of Shell Group of Companies in Iraq & UAE said June 18. Under …

Basra Oil Co. will buy Exxon Mobil Corp.’s stake in the West Qurna-1 oil field in southern Iraq, Oil Minister Ihsan Abdul Jabbar told reporters on Sunday. A final investment decision has been taken to acquire Exxon’s interest in the field, Jabbar said at an event in Baghdad. Iraq has …

The Energy Information Administration (EIA) Data showed that Iraq’s export oil to the United States increased to 555 thousand bpd in the last week. EIA stated in a report, “The United States oil exports recorded 6.144 bpd in the second week of June.” The top three source countries for U.S. …

Iran has received $1.6 billion in arrears from the Iraqi government for imports of natural gas, Oil Minister Javad Owji announced late Wednesday. In a Twitter post, Owji said the debt from previous years was received “a few hours ago” following “several months of negotiations” between the two sides, crediting …

Iraq’s Ministry of Electricity says it will settle its debts for 2020 gas purchases from Iran “within two days,” as part of measures to avoid a halt in the flow of much-needed gas into the Arab country. In a statement carried by the Iraqi News Agency on Tuesday, Ahmed Musa, …

The U.S. crude imports from Iraq averaged 196 thousand barrels per day (bpd) last week, 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 5.497 million bpd last week, down by 64 thousand bpd …

U.S. crude oil imports from Iraq averaged 294 thousand barrels per day (bpd) in May, the Energy Information Administration (EIA) said in its monthly report. According to the report, May imports from Iraq amounted to 9.114 million barrels, up from 5.52 million barrels (average 184 bpd). Iraq’s oil exports to …

U.S. imports of crude oil from Iraq last week averaged 326 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 5.561 million bpd last week, down by 325 thousand …