Tag Archives: Iraq

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

The Anbar refinery is part of a government plan to increase the nation’s oil processing capacity and reduce its oil products imports.

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

Iraqi oil production has remained stable at 4.36 million b d from September to February.

Kirkuk crude sales have been halted since Iraqi forces took back control of the oil fields from the Kurds last October.

NIDC is pursuing two major targets in the neighboring country.

Baghdad says only SOMO has the right to export Iraqi crude.

In the current fiscal so far. the Middle East has accounted for 117.5 MT of crude oil supplies from India.

The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.

The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.