Tag Archives: Iraq

The northern refinery of Baiji was brought back online and is producing 70.000 bpd.

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.

It has been planned for Iran export to Iraq to reach $20b until the Iranian year 1404.

The BOC-operated fields will add 700.000 bpd to overall production by 2024.

Japan will extend additional official development assistance to bring the total to more than 300 billion yen.

The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.

Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.

Crude oil exports from southern Iraq are close to a record-high so far in September.

For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.

Iraq had oil reserves of 153 billion barrels as of last year.