Tag Archives: Iraq

This discovery as an important milestone in the development of exploration and production projects abroad.

LUKOIL will remain one of the largest investors and employers in Iraq in the coming years.

Iran-Iraq gas export contract is currently a six-year deal. but it can be extended.

Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.

Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.

The export level dropped because of maintenance work carried out at loading terminals in early April.

Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.

Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.

Iraq wants to increase its crude oil production to over 5 million barrels per day (bpd) from its current production of about 4.35 million bpd.

Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.