Tag Archives: Iraq

The Iraqi oil exports reached in last February about 95.940.000 barrels.

14 percent of Iranian non-oil exports are shipped to Iraq.

Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.

Iraq hopes to end gas flaring by 2021.

The region'.s second-largest producer had earlier invited bids by April 15.

Earlier this month. the Iraqi government approved a plan to increase crude oil production to 6.5 million barrels per day.

There are five international companies that are competing to win the project.

Baghdad depends on the oil sector for more than 90 per cent of its revenue.

It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.

Luaibi did not say which countries have suggested a six- month extension of the agreement.