Tag Archives: Middle East

Perry told the Iraqi leaders that the US is serious about its desire to help make Iraq energy independent.

The recent fall in Iraqi exports was not due to technical reasons.

The pipeline is set to cross beneath the Black Sea from Russia to Turkey.

Last month. Iraq’s oil exports dropped to their lowest level in seven months due to bad weather at its southern ports.

Iraq is OPEC’s second-largest oil producer following Saudi Arabia and pumps around 4.6 million bpd.

Russia and Bulgaria have been negotiating on the pipeline'.s route for some time.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.

The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.