Tag Archives: Iraq

Al-Salihi also called on Turkish officials to be sensitive on this issue in their talks with their Iraqi counterparts.

Iran started swapping oil with Iraq’s Kirkuk on June 3.

The parties will discuss possible increase of oil production.

Most of the shortfall has come from Venezuela. where an economic crisis has savaged the nation’s petroleum production.

Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.

OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.

Saudi Arabia has enjoyed diplomatic ties with the US for decades.

Europe-bound Kirkuk crude was lowered by 50 cents b to a discount of $3.90 b to Dated Brent.

Iraq'.s plan is to increase export capacity to 6.5 million bpd by 2022.

Iraq has formed a joint venture with a shipping company owned by Arab states to transfer. store and trade crude and oil products.