Tag Archives: Middle East

According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.

Netanyahu has praised Trump'.s decertification of Iran. which has deeply unsettled the European allies of the United States.

Iraq sold 3.29mn bpd of crude from Basrah port in the south last month. down 2% from September. according to tanker tracking.

Iraq is holding talks with Iran to truck 15.000 bpd of Kirkuk crude to Iran’s Kermanshah refinery.

To cope with Basra crude surplus in the United States. traders have slowed ships and stored some cargoes off the Gulf Coast. shipping data on Eikon showed.

OPEC’s de facto leader. Saudi Arabia. needed to hit the $60 benchmark in order to feel safe in authorizing its state-run firm. Saudi Aramco’s. initial public offering.

The Turkish Stream project envisages building a gas pipeline along the seabed of the Black Sea to the European part of Turkey and farther on to the border with Greece.

Iraq has to pay 850 million dollars to Iran for exports of electricity.