US report: Iraqi approach to extend an oil pipeline towards Syria

[3n1]

thanks yota , sure hope maliki dont catch wind of that ...   😳

[yota691]

Iraq signs three contracts for oil drilling exploratory border

 

 Twilight News    
 53 minutes ago

Oil Minister Jabbar Ali al-Allaibi said on Sunday that Iraq has started a new phase in the development of oil fields border and contribute to the addition of new rates of oil and gas reserves for the country.

This came during a signing ceremony in the initials of three border exploratory patches with the UAE Crescent Petroleum Company.

The Minister of Oil said that the ministry will through these contracts to invest the best of oil and gas resources from these fields and the patchwork of the border after being neglected for decades.

He added that what distinguishes these contracts is that it is located on the border with neighboring countries, which requires work on the investment and benefit from the wealth, and prepared by the ministry as a priority because it concerns the interests of the Iraqi people. In addition, the current form of service contracts differ from previous decades of previous licensing rounds Some items have been amended, in terms of profitability, cost reduction and in the best interests of the country.

For his part, the Director General of the Department of Contracts and Petroleum Licenses Abdulmahdi Al-Amidi said that the signing of the contracts for the development of the patchwork (Kalabat - Kammer) and (Khashm red - Anjana), which is located in the province of Diyala and exploratory (Khader May) Crescent Petroleum, adding that the contracts will be sent to the Council of Ministers for approval to be signed later in the final form.

In turn, the Executive Director of Exploration and Production in Crescent Petroleum Company Abdullah Al-Qadi said that his company will work on developing fields and exploratory plotters whose contracts were signed today in initials, referring to the production of exploratory patches will begin after the signing of the contract three years, adding that the wording of the new contracts will benefit On the parties, and that his company will in addition to the production of crude oil, the investment of gas associated with free gas.

Keywords: 

[yota691]

Oil initially signed three contracts for three border exploratory patches

 

Sunday, June 3

 

 

 

 

Sumerian News / Baghdad  The Ministry of Oil, on Sunday, initialed three contracts for three patches exploratory border, noting that the wording of the current service contracts differ from previous decades of previous licensing rounds.  Oil Minister Jabbar Ali al-Allaibi said in statements to him on the sidelines of the signing ceremony of contracts, and attended by Alsumaria News, " Iraq has begun a new phase in the development of oil fields border and contribute to the addition of new rates of oil and gas reserves of the country," noting that the ministry " Contracts for the optimal investment of oil and gas resources from these fields and the patchwork of the border after being neglected for decades. "     Al-Allaibi said that "what distinguishes these contracts is that they are located on the border with the neighboring countries, which requires work on investment and benefit from their wealth," noting that "the wording of the current service contracts are different from previous decades of previous licensing rounds where some items were modified, In the field of profitability and reduce costs and in the best interest of the country. "  For his part, the Director General of the Department of Contracts and Petroleum Licenses, Abdul-Mahdi Al-Amidi said that "the signing of the contracts for the development of patchwork (Kalabat-Kammer) and (Khashm Al-Ahmar - Anjana), which is located in Diyala province and the exploration (Khader Mayi) Basra with the Crescent Petroleum UAE, "adding that" the contracts will be sent to the Council of Ministers for approval to be signed later in the final form. " On March 29, the Ministry of Oil announced a promotional tour of 11 border exploration areas for international companies.

[yota691]

Iraq signs three contracts for oil drilling exploratory border

 

energy Economy News _ Baghdad Oil Minister Jabbar Ali al-Allaibi said on Sunday that Iraq has started a new phase in the development of oil fields border and contribute to the addition of new rates of oil reserves and gas to the country. This came during a signing ceremony in the initials of three border exploratory patches with the UAE Crescent Petroleum Company. The Minister of Oil said that the ministry will through these contracts to invest the best of oil and gas resources from these fields and the patchwork of the border after being neglected for decades. He added that what distinguishes these contracts is that it is located on the border with neighboring countries, which requires work on the investment and benefit from the wealth, and prepared by the ministry as a priority because it concerns the interests of the Iraqi people. In addition, the current form of service contracts differ from previous decades of previous licensing rounds Some items have been amended, in terms of profitability, cost reduction and in the best interests of the country. For his part, the Director General of the Department of Contracts and Petroleum Licenses Abdulmahdi Al-Amidi said that the signing of the contracts for the development of the patchwork (Kalabat - Kammer) and (Khashm red - Anjana), which is located in the province of Diyala and exploratory (Khader May) Crescent Petroleum, adding that the contracts will be sent to the Council of Ministers for approval to be signed later in the final form. In turn, the Executive Director of Exploration and Production in Crescent Petroleum Company Abdullah Al-Qadi said that his company will work on developing fields and exploratory plotters whose contracts were signed today in initials, referring to the production of exploratory patches will begin after the signing of the contract three years, adding that the wording of the new contracts will benefit On the parties, and that his company will in addition to the production of crude oil, the investment of gas associated with free gas. Views 4   Date Added 03/06/2018

[yota691]

Iraq begins transporting crude oil from the Kirkuk fields to Iran by truck

In the economy of  June 3, 2018 on Iraq begins transporting crude oil from the fields of Kirkuk to Iran by tank trucks closed 23 visits

 

 

BAGHDAD (Reuters) - Iran's oil ministry announced on Sunday the start of the transfer of oil by truck from the Kirkuk fields to the city of Durrat Shahr in southwestern Iran.

A statement published on the website of the Iranian Oil Ministry said on June 3, 2018 that "Iraqi oil trucks coming from the city of Kirkuk entered the Iranian territory to unload their cargo in the tanks of the city of Dora month after solving the problem of transport between the parties," according to the agency IRNA.

He added that "trucks have so far transported between 30 to 60 thousand barrels of crude oil from Kirkuk to provide a section of what needs Iranian refineries . "

A spokesman for the Iraqi Oil Ministry , Assem Jihad , in a press statement subordinate NRT is , that " the flow of oil through Alihuziat to Iran from the Kirkuk oil is part of the agreement concluded by the Oil Ministry with the Ministry of Iranian oil in exchange the same quantities and specifications deal which provides for the export of Iraqi oil from Kirkuk fields Through the basin to the Iraqi-Iranian border near the area of Kermanshah that the same quantities be delivered in export ports in southern Iraq. "

Iraq agreed with Iran last December to swap up to 60,000 barrels per day of crude produced from Kirkuk with Iranian oil for delivery in southern Iraq, with the transfer of oil by truck to Kermanshah in Iran.

The oil swap contract between Iran and Iraq was signed on the basis of (CIF) under which the seller will bear the costs of transporting oil and insurance until the shipment reaches the intended port.

It is noteworthy that the federal forces had been redeployed in Kirkuk oil-rich in October 2017 and other areas were under the control of the Peshmerga forces after the referendum on the independence of Kurdistan on the 25 of September 2017.

[yota691]

Iraq and Iran begin to exchange Kirkuk oil

 

Oil worker in southern Iraq

energy Economy News Baghdad: Iran and Iraq have begun to exchange crude oil as part of a deal between the two countries, the Iranian Oil Ministry news website said on Sunday, adding that logistical problems had been solved . Under the deal, crude is being transported from the Kirkuk field in northern Iraq by truck to Iran, which will use oil at its refineries and export a similar amount of crude on behalf of Baghdad from the southern ports overlooking the Gulf . Shana said 30,000 to 60,000 barrels per day of Kirkuk crude would be transported by truck to Dar Shahr in southeastern Iran . Views 860   Date Added 06/03/2018

[yota691]

Oil has been initialed for three new decades as part of the border field development tour

 

Monday, June 4

 

 

 

Alsumaria News / Baghdad   The Ministry of Oil announced on Monday that it signed initials on three new contracts within the tour of the development of border fields, indicating that these contracts do not conflict with the work of joint committees with neighboring countries on the common border fields.   "The ministry has signed initials, three new contracts for the development and rehabilitation of the oil fields and the exploration of the border with two Chinese companies," Oil Minister Jabbar Ali al-Allaibi said in a statement received by Alsumaria News that "the ministry has ambitious plans to develop these fields, Remaining of the five border fields in the near future. "     He called Allaibi "companies signed the six contracts to develop the necessary plans to develop and increase production rates in accordance with the time periods specified in the contracts concluded, as well as companies to implement service projects for areas surrounding the fields and patches exploration, relying on the employment of Iraqi employment by not less than 95% Hoping that "the rate of production from the six fields to 500 thousand barrels per day in the future."   "These contracts do not conflict with the work of joint committees with neighboring countries on the common border fields," al-Allaibi said.   For his part, the Director General of the Department of Contracts and Petroleum Licenses, Abdul-Mahdi Al-Amidi said that "the Ministry signed with the Chinese company (GEO-JADE) two contracts for the development and rehabilitation of patches and fields in the (oil Canna) in Diyala province and (Huweiza) in Maysan province , (UEG) to develop the field of exploratory fields (Sinbad) in the province of Basra , "adding that" the ministry will send the six contracts signed with companies next week to the Committee on Energy in the Council of Ministers for the examination and ratification. "   The Ministry of Oil signed on Sunday (June 3, 2018) initials contracts for the development of exploratory patches (Kalabat - Kammer) and (Khashm red - Anjana), which is located in the province of Diyala and the exploration (Khader May) in the province of Basra.

[yota691]

 

 

 

Iran and Iraq clash over oil swap

 

Baghdad - Ali al-Husseini

4 June 2018

 

BAGHDAD (Reuters) - Oil and gas ministries  in Iran and Iraq have been reluctant to start implementing a crude oil swap agreement signed less than a year ago and analysts say it will boost Tehran 's oil market presence  in the face of growing pressure from the United States .

The Islamic Republic News Agency (IRNA), on Sunday evening, the news site of the Iranian Oil Ministry (Shana), that the process of oil exchange in the city of Kirkuk (northern Iraq), with Iran began after resolving the problem of transport between the parties, Durrat Shahr (western Iran), coming from Kirkuk.

Between 30 and 60,000 barrels of Iraqi crude oil are to be transported to Kirkuk every day to provide a section of what Iranian refineries need, according to the Iranian Oil Ministry.

But Assem Jihad, spokesman for the Iraqi Oil Ministry, told the "New Arab" on Monday that no Iraqi oil shipment to Iran through the tankers, noting that the agreement signed between the two sides has not yet done because of problems related to the mechanism of transport.

Under the deal, the crude is being transported from the Kirkuk field in northern Iraq by truck to Iran, and Tehran will use oil at its refineries and deliver a similar amount of crude to southern ports in Iraq on the Gulf.

Jihad said that the agreement is an exchange of benefit between the two countries, where transfer between 30 to 60 thousand barrels per day of Kirkuk oil via tankers to Iran, provided that Iran returns to Basra the same quantity, as the Iranians need oil in the region of Kermanshah near the north Iraq, and Iraq will benefit from the export of Kirkuk oil.

For his part, Abdul Aziz Saleh, an Iraqi oil expert, told the "New Arab" that "the exchange of Kirkuk oil with Iran comes within the plan of Iraq to find export outlets because of the interruption of Kirkuk oil pipeline pipeline Kurdistan, which connects to the Turkish port of Ceyhan, On the market for the disposal of global markets, provided that Iran compensates Iraq with those quantities and the same specifications.

But analysts say the deal is likely to cause concern in Saudi Arabia, whose US ally and ally, is accusing Iran of trying to dominate the Middle East, a charge Tehran denies.

With the United States withdrawing from Iran's nuclear deal in May, analysts expect Tehran to focus on maintaining its interests in neighboring Iraq, where it is vying to gain influence with Washington.

Iraq and Iran are planning to build a pipeline transporting oil from Kirkuk to avoid the use of trucks. The swap deal allows Iraq to resume the sale of Kirkuk crude, which has been suspended since Iraqi forces restored control of Kurdish oil fields in October 2017.

Faridoun Hassnund, chairman of the Energy Committee of the Islamic Consultative Council in Iran, ruled out the impact of the production of oil and gas in his country the new US sanctions, according to the agency "Irna" on Sunday.

 

[yota691]

Iraq denies exchange of Kirkuk crude oil with Iran

 

energy Economy News _ Baghdad The Ministry of Oil denied on Tuesday what the Iranian official announced on the start of each of the two countries in the exchange of crude oil from the Kirkuk field currently, indicating that it is still in the preparations. "The agreement has already taken place between the two ministries, but the export has not yet begun. The amount announced in the media is between 30,000 and 60,000," ministry spokesman Asim Jihad said in a statement to Asharq Al-Awsat newspaper. The amount agreed to be exchanged but the preparations are not yet complete, as we are still in the process of creating the infrastructure for that. " Jihad added that "the Kirkuk oil has been suspended since the crisis last year, where Kirkuk was within the control of the Kurdistan Regional Government and oil was exported through (Ceyhan) Turkish and then stopped the export process." "The agreement with Iran now requires the export of this quantity through the tankers, because it is less expensive than if Iran brought crude oil from a region far away inside Iran for the purpose of liquidation and for us in Iraq, we will receive the equivalent of a quantity ready for export from Iran through the southern ports are close, so both countries will benefit from this barter process. " Views 4   Date Added 05/06/2018

[yota691]

Iraq signs oil deal with Chevron

 

Oil Minister Jabbar al-Allaibi

energy Economy News Baghdad: Iraq has signed an agreement with Chevron to allow the company to conduct surveys and studies at oil sites and facilities, Oil Minister Jabbar al-Allaibi said Wednesday . Al-Luaibi said at the signing ceremony that Chevron signed a memorandum of understanding with Basra Oil Company and Dhi Qar Oil Company, which also includes helping the two companies improve technical, administrative and financial performance . Views 99   Date Added 07/06/2018

[10 YEARS LATER]

The Chevron Deal is big stuff. Back ‘12 or early ‘ 13, Chevron all but pulled out because that administration refused to pay them and gave them a big runaround. 

Things must be different now, and accordingly they know something we don’t. 

[3n1]

2 hours ago, 10 YEARS LATER said:

The Chevron Deal is big stuff. Back ‘12 or early ‘ 13, Chevron all but pulled out because that administration refused to pay them and gave them a big runaround. 

Things must be different now, and accordingly they know something we don’t. 

 

agree 10YL, maliki got his ears clipped... lets go 

[10 YEARS LATER]

1 hour ago, 3n1 said:

 

agree 10YL, maliki got his ears clipped... lets go 

 

With Sadr refusing to deal with “M” - maybe now they can clip the rest of him off at the knees.  Time he paid for ALL his nefarious deeds.

[yota691]

Baghdad Contradictory Tehran: The oil swap agreement did not start for logistical obstacles

 

 

 Twilight News    
 6 hours ago

(Reuters) - Iraqi Oil Minister Jabbar al-Luaibi on Thursday delayed the start of a crude oil swap agreement between Baghdad and Tehran to what he called "logistical obstacles". 
The Iraqi minister's statement contradicts what was reported by the Iranian Oil Ministry news agency "Shana" last Sunday, that "the swap began." 
"An agreement was signed with Iran seven months ago to supply Kirkuk with quantities of Kirkuk oil to a refinery in Kermanshah, in return for exporting the same quantities to southern Iraq," al-Luaibi said during a signing ceremony in Basra. 
"So far, the implementation of the contract has been delayed due to logistics obstacles, and we are now in the final stages of implementation," he said. "Once logistical obstacles are lifted, implementation will be carried out."
Baghdad agreed last year to ship crude from the Kirkuk oilfield in the north of the country to Iran for use in its oil refineries, with Iran delivering the same amount of crude to ports in southern Iraq.

Keywords: 

[yota691]

Oil Minister: Obstacles hindering the start of the oil swap agreement with Iran

 

energy Economy News _ Baghdad Oil Minister Jabbar al-Luaibi said on Thursday that there were logistical obstacles to the start of implementation of the crude oil swap agreement with Iran. "We have an agreement with Iran signed seven months ago to supply them with quantities of Kirkuk oil to a refinery in Kermanshah and we will receive the equivalent of those quantities of export sources in the south," al-Allaibi told Reuters on the sidelines of the signing ceremony of an oil agreement in Basra. "So far because of logistical obstacles delayed implementation of the contract, and now we are in the final stages of implementation, once the logistical obstacles lifted will be implemented." In December, Iraq and Iran signed an agreement to export oil from the Kirkuk fields to Iran at rates ranging from 30 to 60 thousand barrels per day, which can be increased. Views 65   Date Added 06/07/2018

[yota691]

Image processed by CodeCarvings Piczard ### FREE Community Edition ### on 2017-12-09 19: 15: 37Z | |

Newspaper: Iraqi attempts to evade the implementation of an agreement to exchange oil with Iran

In the economy  June 8, 2018 on the newspaper: Iraqi attempts to evade the implementation of the oil swap agreement with Iran closed 13 visits

 

 

The Iraqi government is trying to evade the oil swap deal with Iran, in an attempt to buy time until a new government is formed, at a time when analysts are likely to cancel the deal later if opponents of Iranian influence form the government, something Likely in the light of the preliminary results of the elections .

According to Al-Arab newspaper published in London today (June 8, 2018), Oil Minister Jabbar al-Allaibi denied Iran's claims confirmed earlier this week the implementation of the oil swap agreement from the fields of Kirkuk shipments shipped at the Gulf ports .

"We have an agreement with Iran that was signed seven months ago to supply them with quantities of Kirkuk oil to a refinery in Kermanshah and to receive the equivalent of those quantities of export sources in the south," Luaibi said on Thursday on the sidelines of the signing ceremony of an oil deal in Basra.

"The implementation of the contract has been delayed so far due to logistics obstacles, we are now in the final stages of implementation, once the lifting of logistics obstacles will be implemented," but analysts said, " This is a diplomatic evasion of implementation of the agreement, and Baghdad is afraid to anger Washington and wants to postpone the final decision until Forming a new government " .

Iran announced a few days ago that the oil swap agreement would come into force, with 30 to 60,000 barrels of Iraqi oil being transferred daily to trucks in a refinery in western Iran.

Baghdad justified the deal as allowing to resume the supply of Kirkuk crude, which has been suspended since the restoration of Iraqi forces control of oil fields of the Kurds in October last in light of the continuing tension between the federal government and the Kurdistan Regional Government .

"Tehran is trying to exploit the state of political confusion in Baghdad and expand its influence in Iraq to ease the impending pressure on most international companies to stop its dealings with Iran, but any attempt to carry out the deal would anger Washington, On Tehran last month to discourage most of the international oil companies and shipping companies from dealing with Iran . "

With the United States withdrawing from Iran's nuclear deal, analysts expect Tehran to focus on maintaining its interests in neighboring Iraq, where it is vying to gain influence with Washington .

Iraq is currently undergoing difficult labor after inconclusive results of the parliamentary elections on May 12, and is likely to delay the announcement of the final results on charges of widespread fraud in the voting, while Iran faces a challenge from Iraqi Shiite cleric Moqtada al-Sadr, Led by a surprise victory in the elections .

Baghdad and Tehran last year announced Iraq's plans to build a pipeline that would transport oil from Kirkuk to Iran to avoid the use of trucks, but analysts ruled out this in light of the rapid developments in the Iraqi political arena and prospects of US sanctions on Iran .

Analysts are unable to justify these plans because of their economic viability because the distance to Iraq's southern ports in Basra province is shorter than the pipeline route across Iranian territory

[yota691]

Al-Allaibi: Rehabilitation and operation of the strategic pipeline of crude oil Kirkuk - Baiji - Baghdad

 

Tuesday, 12 June

 

Baghdad -  Oil Minister Jabbar al-Allaibi announced on Tuesday the rehabilitation and operation of the strategic pipeline of crude oil (16) knots extending from the fields of Kirkuk to Baiji and from it to Baghdad "in record time."  "The capacity of this pipeline is 40 thousand barrels per day, and the length is more than 180 kilometers, and the refinery Baiji and Dora crude oil as well as the Jerusalem power plant to the north of Baghdad," said Allaibi in a statement received by Alsumaria News.       Al-Luaibi stressed on the economic importance of this vital pipeline in the supply of crude oil refineries and dispense with the transfer of basins, which saves these funds to the federal treasury. He pointed out that the rehabilitation of the pipeline included lifting thousands of projectiles, mines and war remnants planted by gangs, Tube ".  It is noteworthy that the pipeline has been subjected to destruction and destruction over the past years, which led to damage and destruction of areas and large sections of the pipeline.

[yota691]

Operation of oil carrier line (Kirkuk - Baiji - Baghdad)

13/6/2018 12:00 am  With production capacity of up to 40 thousand barrels per day   Baghdad / Sabah  Oil Minister Jabbar al-Luaibi announced the rehabilitation and operation of the pipeline strategic crude oil carrier (16) knots, extending from the fields of Kirkuk to Baiji and from it to Baghdad, in record time and according to the available possibilities  .  "The capacity of this pipeline reaches 40 thousand barrels per day and has a length of more than 180 kilometers," Al-Luaibi said, referring to the efforts of the workers in the pipeline company and the oil projects and all the supporting parties, whether from the oil companies or By the security forces and the energy police ».  The minister added that the pipeline will supply the Baiji and Dora refineries with crude oil, as well as the Jerusalem power station north of Baghdad. He stressed the economic importance of this vital pipeline in supplying crude oil refineries and dispensing it with basins,  Federal «.

[yota691]

The establishment of an oil island floating off the coast of FAO

Editorial Date: 2018/6/13 18:03 • 188 times read

[Wayne-Baghdad] 
spokesman for the Oil Ministry , Assem Jihad, said on Wednesday that Iraq plans to increase oil exports after the completion of the export restriction , which began early in 2017, the agreement of producers from inside and outside "OPEC".

The ministry spokesman said in a press statement that "the restriction on the current Iraqi oil exports will end, and then Iraq will need to export 5 or 6 million barrels of oil per day." 
And on how to raise oil exports Jihad said that "the South Oil Company, put forward a project to establish a floating oil island off the coast of the city of Faw, in order to add export capacity of up to two million barrels per day." 
Jihad added that "the current export outlets in Iraq suffocated; so plans to add new export outlets, operated by the Ministry of Oil." 
For his part, Director General of Basra Petroleum Company Ihsan Abdul-Jabbar, said that "the competent committee in the company, discuss the establishment of a floating oil island project."
He pointed out that "the project will provide multiple services to the oil sector, including the anchoring and launching of oil tankers and storage, and provide accommodation for staff working in oil ports and the provision of warehouses and warehouses for marine parts and maintenance 
.

[nannab]

Thank ya Yota 

[Pitcher]

Three Chinese companies are set to begin developing oil fields in Iraq, seeking to ensure supplies as their country faces growing demand for energy.

Private-sector oil companies Geo-Jade Petroleum and United Energy Group, as well as state-owned China Zhenhua Oil, have won development deals with the Iraqi government, according to China's state-run Xinhua news agency.

Iraq accounts for nearly 9% of China's crude oil imports, making it the fourth-largest supplier following Russia, Saudi Arabia and Angola.

Geo-Jade will explore two oil and gas fields in eastern and southeastern Iraq. The southeastern block's deposits are expected to yield 2.4 billion barrels of oil, filings with the Shanghai Stock Exchange show.

Founded in 1984 in Hainan Province, Geo-Jade initially focused on areas such as real estate development. But the company shifted to oil in recent years and holds concessions in Kazakhstan. Sales in 2017 totaled 2.8 billion yuan ($437 million).

Hong Kong-listed United Energy signed an exploration and development contract for an oil and gas field in southern Iraq. The value of the deal was not disclosed. The company is chaired by Zhang Hongwei, who also leads Shanghai-listed conglomerate Orient Group. United Energy holds concessions in Pakistan acquired from BP and reported sales of 4.4 billion Hong Kong dollars ($560 million) last year.

Zhenhua Oil is affiliated with China North Industries Group, an equipment developer and producer for the People's Liberation Army. The energy company will develop an eastern Baghdad oil field, with production expected to start in 2019. It aims for 40,000 barrels a day within five years. Zhenhua Oil owns concessions in six countries including Kazakhstan and Myanmar.

China consumed about 610 million tons of crude oil last year, but imported about 420 million tons -- nearly 70% of its total. As oil consumption rises with the country's economic growth, securing stable supplies will prove vital.

 

https://asia.nikkei.com/Business/Companies/China-looks-to-Iraq-to-secure-oil-supply

[skeetdog]

Thanks Pitcher...China knows the value Iraq has is an all-around winner...from their resources to their geographical location...Seems everything to me is hedging on the UN untieing the CBI's hand so the banks can operate in an open-economy...

[yota691]

 

Cabinet refers 3 oil and gas projects in Basra and Nasiriyah on investment

 

14:23

Last updated

The time now is 02:33 PM

1424

Watch

 

 

BAGHDAD / Al-Ghad Press: 

The Cabinet approved on Friday the transfer of three oil and gas projects in the provinces of Basra and Dhi Qar to investment by Iraqi and foreign companies. 

According to a press release of the Cabinet Information Office, "The Council of Ministers referred the project to expand the production of the field of Nasiriyah oil capacity of 100 barrels per day, the coalition of the (Iraqi oil projects) PEG Italian) method (EPCF)."

"The Cabinet also forwarded a tender for the design, processing and construction of the second central station CPF2, in the field of Majnoon - Basra Petroleum Company on (Petrofac), at a cost of $ 369 million.

[yota691]

The start of the transfer of Kirkuk oil to Iran broke the US blockade

Baghdad - Iraq announced the start of the implementation of the agreement between him and Iran to transport Kirkuk oil to trucks, in return for the delivery of the same amount to Iraq via Basra, in a move that runs counter to US measures to re-impose sanctions on Iran after the cancellation of the nuclear agreement with them. 
The governor of Kirkuk, Rakan Jubouri, said in February that Iraq will export oil from Kirkuk to Iran at the rate of 60,000 barrels per day. Under an agreement signed between Baghdad and Tehran last December to exchange 60 thousand barrels per day of crude produced from Kirkuk with Iranian oil for delivery in southern Iraq, with the transfer of oil by truck to Kermanshah in Iran.
The Iraqi Oil Ministry announced that it began transferring Kirkuk oil to Iran in quantities ranging from 30 to 60 thousand barrels per day for the purpose of exchange with Iranian oil delivered through Basra in southern Iraq. Noting that the flow of Kirkuk oil is through tankers to Iran, within the agreement concluded by the Ministry of Oil with the Iranian Ministry of Oil in a reciprocal deal of the same quantities and specifications. 
To confirm the news, the official «IRNA» Iranian official, «the start of the process of exchange of Kirkuk oil with Iran after resolving the problem of transport between the parties». The agency quoted the Iranian Oil Ministry as saying that the Iraqi oil trucks coming from the city of Kirkuk entered Iranian territory to unload their cargo in the tanks of the city of Durrat Shahr (western Iran).
Iraq has already announced the agreement of the two countries to implement a project to establish a strategic oil pipeline from Kirkuk to Iran, when the Iraqi Oil Minister Jabbar Ali al-Allaibi, in February last, to hold talks with Iran to determine the date of start of oil exports from the fields of Kirkuk, Following the signing of al-Allaibi and his Iranian counterpart Zangana, in the same month, a pipeline agreement for the transfer of Iraqi crude oil from the fields of Kirkuk through Iranian territory, and the transfer of Iraqi oil from Basra to Abadan in Iran. 
The start of the implementation of the oil agreement at the time of the Iraqi scene these days with a difficult struggle is the existence of two political currents, one of which continues to Iran and the other seeks to reduce the Iranian influence in Iraq, and are engaged in a fierce battle to collect the parliamentary majority necessary to form the next government.
The problem of the export of Kirkuk oil has emerged in recent years due to tension between the governments of Baghdad and Erbil, especially after the federal forces control the oil province and other disputed areas between Baghdad and the region last October following the referendum on independence organized by the provincial government last September . 
The government of the province is currently exporting about 250 thousand barrels per day from the oil fields in northern Iraq via the pipeline to Turkey and keep its imports in its favor despite Baghdad's refusal to do so. 
It is noteworthy that the Iraqi Oil Ministry, revealed the high quantities of crude oil exported and revenues achieved for the month of May compared to the previous months of 2018 current. 
The volume of exports of Iraqi crude oil (108) million and (194) thousand and (920) barrels with revenues amounted to (7) billion and (566) million and (294) thousand dollars.
Observers believe that the Iraqi deal that the exchange of Kirkuk oil with Iranian oil came as a reward to Iran for its effective role in resolving the Arab-Kurdish conflict on the oil-rich province of Kirkuk, and help the government of Haider Abadi, by imposing influence on some Kurdish parties, to extend the control of the federal forces on Kirkuk And the withdrawal of Peshmerga forces, following the crisis of the referendum on independence. 
But the start of the deal did not satisfy the United States, which recently canceled the nuclear deal with Iran and announced the application of measures and sanctions and a blockade on Iran to weaken its influence in the region.
It is certain that the decision to exchange oil between Iraq and Iran comes within the attempts of the Baghdad government to find new outlets for the export of Kirkuk oil as well as the oil pipeline through Turkey, which is affected by the crises between Baghdad and the region, while achieving the agreement to Iran as an outlet to export its oil by circumventing the American blockade. Therefore, the first beneficiary of the agreement will be Iran to break its international isolation, while the agreement does not constitute an important need for Iraq, which is currently exported from the ports of Basra, less than its real export capabilities, in accordance with OPEC's agreement on the quantities of oil exports of its members.

Jun 16, 2018

 

[jg1]

What did we expect and what now sanctions against Iraq?