Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared to current production of around 3.8 million bpd that factors in OPEC-mandated cuts. Based on its vast oil resources there is no …
Read More »Chinese Company to Develop Iraq’s Mansuriyah Gas Field
The Chinese company Sinopec (China Petroleum & Chemical Corporation) has won a contract to develop the Mansuriyah gas field in Diyala. The field, near the Iranian border, is expected to produce 300 million standard cubic feet (Mmscf) per day of gas, which will be used for electricity generation. In 2010, …
Read More »Iraq’s Bay Hassan Oil Field in Northern Kirkuk Unaffected by Explosives Attack
Iraq’s Bay Hassan oil field in the northern Kirkuk region was unaffected by an attack, the oil ministry said April 17, as OPEC’s second largest producer continues to grapple with security incidents against its energy infrastructure. Two oil wells in Bay Hassan field were struck by two explosives without causing …
Read More »Total Signs $7bn Iraq Energy Deal
The Oil Ministry has said that Iraq has signed a heads-of-agreement deal with France’s Total spanning four projects involving natural gas, solar energy and seawater reprocessing. Iraq’s Oil Minister Ihsan Abul Jabbar said in a ministry statement that Total will make a ‘multibillion-dollar’ investment and the four initial deals will …
Read More »Iraqi Official Hopes to Import more Gas from Iran
A spokesman for the Iraqi Ministry of Electricity has expressed hope that the Iranian authorities would supply gas needed for Iraqi power plants. In the meantime, the United States has granted Iraq the maximum extension to a sanctions waiver, allowing Baghdad to import electricity and gas from Tehran. “Baghdad is …
Read More »France’s Total to Build 1GW of Solar Projects in Iraq
French energy major Total has signed an agreement with Iraq’s Ministry of Oil to develop a host of energy projects in the country, including 1GW of solar PV. The agreement, which builds on discussions between Total and the Iraqi government that began in October last year, has seen the two …
Read More »Iraq Seeks more Gas Supplies from Iran
Ahmed al-Ebadi, a spokesman for Iraqi Ministry of Energy, said on Tuesday that his country is looking forward to receiving more gas from Iran. Al-Ebadi told Iraq’s NAS News that Iraq’s debt to Iran is ready to be delivered to Iran. Iran claims that Iraq’s debt to the country for …
Read More »Iraq Signs 4 Major Energy Deals with Total
Iraq’s Ministry of Oil has signs an agreement of principles with the French company Total for four major energy projects in the country: 1. Plants to collect and refine associated natural gas at the fields of Artawi [Ratawi], West Qurna 2, Majnoon, Tuba [Subba] and Lahais [Luhais]. This will include …
Read More »Solar Power “Remains a Mirage” in Iraq
Iraq has suffered from a lack of electricity generation capacity following the US-led invasion of 2003 as well as the rise and fall of the Islamic State group (IS) over 2014-17. Successive governments have thus far failed to rehabilitate Iraq’s electricity sector, despite spending some 50B USD on it in …
Read More »Iraq Discussing $7 Billion Energy Deal with Total
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. …
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