Tag Archives: Middle East

The Akkuyu nuclear power plant is the first BOO (build-own-operate) nuclear power plant project in the world.

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

Turkey agreed only to pave one thread of ``flow`` on its territory for 15.75 billion cubic meters per year.

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

Iraq’s oil exports for February exceeded 95.940 million barrels.

The first international flight landed at Erbil airport on Monday morning.

West Texas Intermediate crude was last seen up about 1.8% at $63.15 for the April spot.

In February. Greek Cyprus announced that ENI and partner Total had discovered a potentially sizable gas field off its southwestern coast.

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.