Tag Archives: Iraq

Iraq topped the list of India’s oil suppliers in July, data by Vortexa, an oil and gas analytic platform, revealed. The Vortexa data show that 64pc of India’s July crude imports, or 2.1mn b/d, came from the Middle East, compared with 2.3mn b/d in the previous month. Of the 2.1mn …

U.S. imports of crude oil from Iraq averaged 82,000 barrels per day (bpd) last, the Energy Information Administration (EIA) said on Saturday, despite a spurt in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged 5.588 million barrels …

Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies, according to Iraqi state-run newspaper Al-Sabah. Iraq’s oil ministry has been in talks with the company for the last six months to convince it to repeal its decision, and …

South Korean Data showed, on Saturday, that Iraqi oil exports to South Korea are 3.872 million barrels in last June. The Data stated that “The South Korea oil imports is 80.165 million barrels (2.67 barrels per day.)” The top four source countries of South Korean import oil are Saudi Arabia …

Basra’s light crude exported to Asia registered $75.14 a barrel, 0.49% below the previous session’s price. The price of a Basra heavy crude barrel rose to $70.05 a barrel, up by 0.17%. The Saudi Arab light crude closed at $75.13 a barrel, while Iran’s heavy settled $69.54 a barrel. UAE’s …

Iraq’s Ministry of Oil has announced finalised oil exports for June of 86,765,589 barrels, giving an average for the month of 2.892 million barrels per day (bpd), slightly down from the 2.899 million bpd exported in May. The exports from the oilfields in central and southern Iraq amounted to approximately …

Only second to Russia, Iraq is among the top gas flaring countries in the entire world, the World Bank’s (WB) Gas flaring tracker report said. In the 2020 Gas flaring tracker report, the WB said that Iraq burns 70% of the total natural gas produced in the country, which was …

Iraq has signed an agreement allowing the cash-strapped Lebanese government pay for one million tonnes of heavy fuel oil a year in goods and services, helping Lebanon ease its acute power shortage, the two sides said on Saturday. Lebanon is in the throes of an economic meltdown threatening its stability. …

The gas supply from Iran to neighboring Iraq’s electric power stations feeding the country’s southern and central parts was slashed by 19 million cubic meters per day, according to the local government. “The rates of Iranian gas being supplied to the production stations in the central regions and Baghdad have …

Canada-based ShaMaran Petroleum has agreed to acquire a stake of 18% in the Sarsang licence in the Kurdistan region of Iraq from TotalEnergies. Under the deal, ShaMaran will purchase a 100% stake in TotalEnergies subsidiary TEPKRI Sarsang, which holds production sharing contract (PSC) interest in Sarsang block. HKN Energy owns …