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

[yota691]

"Press Report" reveals mechanisms to sell oil from Kurdistan to Israel

 

 Since 2018-04-10 at 18:29 (Baghdad time)

 

Follow - Mawazine News

 Some may think that monitoring the movements of tankers is boring, but these activities may be subject to exciting discoveries, such as the secret of the temporary disappearance of tankers leaving Turkey loaded with oil from Iraqi Kurdistan.

Samir Medani, the founder of TankerTrackers.com, an oil tanker monitoring site, noted in November 2017 that the "Valtamed" tanker from the Turkish port of Ceyhan (connected to Iraqi Kurdistan by pipeline) towards the Suez Canal suddenly left its course And disappeared in the eastern sector of the Mediterranean, off Tel Aviv but outside Israeli territorial waters.TankerTrackers . com competent monitor movements oil tankers, in November 2017 that tanker "Valtamed" heading from Ceyhan Turkish port (connected Iraqi Kurdistan pipeline) towards Suez Canal left suddenly track and disappeared in eastern sector of Mediterranean Sea, off Tel Aviv but outside Israeli territorial waters.

The missing tanker appeared again several days later, but it appeared to be less heavy than it had been before it disappeared. It did not resume its journey but went to Cyprus and then returned to Turkey, loaded with a new shipment of Kurdish oil. The mysterious maneuver.

The broker concluded that the tanker is transporting oil that is not officially registered secretly to a third party, Israel.

On February 17, Madani discovered that the tanker was not the first of its kind. On February 17, it was announced that the Kriti Diamond tanker would periodically unload Iraqi oil shipments in the Israeli ports under the name "Kiton" and then return to Turkey under its original name.

Four days later, Al-Samesar pointed out that the tanker left under its false name empty of the Israeli port of Ashkelon, apparently heading to the Egyptian port of Sidi Kerir, where the Sumid pipeline depots are located.

On February 21, the site reported that the "Mabruk" tanker that left the Turkish Ceyhan loaded with one million barrels of oil from Kurdistan, which appeared under the name "MARO" off the coast of Israel, where emptied trucks and then returned empty.

"The announcement" officially "of the discovery of huge amounts of oil in northern Iraq came in 1927. In 1934, Britain established a pipeline linking the area with the port of Haifa, but stopped working when the State of Israel was established in 1948, said Helen Wald of the American University in Cairo. , And since then came oil exports from northern Iraq via another pipeline linking Kirkuk to Jihan

[Butifldrm]

World

Iran says issues in Iraq delay Kirkuk oil swap deal

 Nadia Riva |

April 09-2018     02:48 PM

Share share

 

---

Oil tankers line up at an Erbil refinery that has supplied Iraq since the insurgent attacks in 2014. (Photo: Anadolu Agency / Getty Images)

 

Iran Kirkuk Iraq 

A+AA-

ERBIL (Kurdistan 24) – The Iranian Ministry of Petroleum on Sunday said Baghdad’s unpreparedness and technical issues in Iraq are behind the delay of an oil swap deal that was signed last year.

According to state-run Tasnim News, Iran’s Petroleum Ministry said the fault for the four-month delay “lies in Iraq’s failure to remove obstacles.”

“The slight delay in implementing the major deal on swapping the crude oil produced in northern Iraq is mainly because of unprepared infrastructures and some logistical deficiencies on Iraq's part,” it was quoted as saying.

The deal signed between Tehran and Baghdad looked to swap up to 60,000 barrels per day (bdp) of oil from Kirkuk for Iranian oil for one year and subject to renewal. Tanker trucks were to deliver crude oil from the disputed territory which fell to Iraqi forces and pro-Iran Shia militias in October last year.

The Petroleum Ministry reportedly dismissed rumors of “oil diplomacy negligence” or that political disagreements or issues were behind the delay in operations.

The deal, which was signed by Baghdad unilaterally, without discussions with the Kirkuk Provincial Council or parliament, raised concerns among locals who criticized the federal government for failing to build a single refinery in the province.

“We don’t know who controls and sells Kirkuk’s oil,” said Kirkuk resident Ahmed Sirwan earlier this year, expressing his concerns about the present situation in Kirkuk. “The benefits are for the few, and the suffering and adversity are for the people. Our life might have been much better if we did not have oil in Kirkuk.”

Kirkuk is one of the largest oilfields in the Middle East, estimated to contain around nine billion barrels of recoverable oil. The project has repeatedly been delayed, but the swap is expected to be launched later this month.

http://www.kurdistan24.net/en/economy/a27ebb92-de60-4f54-93a2-9d08011875f0

[Pitcher]

Iraq announced on Wednesday the opening of a new pipeline for the export of crude oil, south of the country.
“The oil minister has opened a new pipeline for the export of crude oil 24 knots, and the card of one million and 500 thousand barrels from the warehouse of the Faw oil to the ports of export in Ras al-Bisha 2,” the Oil Ministry said in a statement.
The ministry said in a statement that “Jabbar al-Allaibi inaugurated the project of water injection pipe, which runs from the main water pumping station in Kermat Ali to the northern Rumaila through the implementation of two sections of the 48-42 size Nabati node Kerma Ali – Rumaila North.

http://en.economiciraq.com/2018/04/11/iraq-announces-the-launch-of-a-new-pipeline-for-the-export-of-oil/

[ChuckFinley]

Thanks Pitcher, I am hoping the currency will follow.

[yota691]

Oil clarifies new pipeline project for transporting and exporting crude in southern ports

 

energy Economy News _ Baghdad Oil Minister Jabbar Ali al-Laibi announced on Thursday the opening of a new export pipeline to transport crude oil in southern ports.  "The pipeline is the size of 42 knots and extends from the FAO oil depot to the export ports in Ras al-Bisha 2 in southern Iraq and the opening of the water injection pipe project, which runs from the main water pumping station in Karma Ali to the field," al-Allaibi said. Northern Rumaila in the province of Basra through the implementation of two sections Lnbubin size (48 - 42) node (Kerma Ali - Rumaila North). He added that "the pipeline (42) node, which extends (11600) meters will transfer the rate of exports estimated at one million and 500 thousand barrels per day of Iraqi crude oil, and will contribute to the smooth flow of crude oil from warehouses to export ports," adding that " Has been implemented with specifications and modern technologies by the company oil projects in cooperation with the Basra Oil Company, to be an alternative to the old pipe worn out.  Al-Allaibi said that "the national effort in the oil projects company also carried out an important project for the extraction sector and maintenance of production, the water injection tube, which runs from the main pumping station in Kerma Ali to the Rumaila North in Basra." He stressed that "this pipeline will contribute in the transfer of quantities of treated water injection to the field in order to sustain and support the reservoir pressure to increase production of the field and planned quantities, and will replace this pipeline from the old pipelines worn out in the seventies of the last century."  "These projects are part of the plans of the Ministry of Oil to develop the infrastructure of the oil industry and the modernization of pipelines carrying crude oil and water." Views 4   Date Added 12/04/2018

[yota691]

Oil clarifies new pipeline project for transporting and exporting crude in southern ports

Editorial Date: 2018/4/12 9:53 • 132 times read

(Baghdad: Al-Furat News) Oil Minister, Jabbar Ali al-Allaibi, announced the opening of a new export pipeline to transport crude oil in the southern ports.

A ministry statement quoted al-Luaibi as saying that the pipeline is 42 knots and extends from the FAO oil depot to the export ports in Ras al-Bisha 2 in southern Iraq and the opening of the water injection project, which runs from the main water pumping station in Karma Ali to the northern Rumaila field in Basra province. The execution of two sections of the size of {48-42} node {Kerma Ali - Northern Rumaila}. 
He added that "the pipeline [42] node, which extends the length of (11600) meters will transfer the rate of exports estimated at one million and 500 thousand barrels per day of Iraqi crude oil, and will contribute to the smooth flow of crude oil from warehouses to export ports," adding that " Has been implemented with specifications and modern technologies by the company oil projects in cooperation with the Basra Oil Company, to be a substitute for the old pipe worn out.
Al-Allaibi said that "the national effort in the oil projects company also carried out an important project for the extraction sector and maintenance of production, the water injection tube, which runs from the main pumping station in Kerma Ali to the Rumaila North in Basra." 
He stressed that "this pipeline will contribute in the transfer of quantities of treated water injection to the field in order to sustain and support the reservoir pressure to increase production of the field and planned quantities, and will replace this pipeline from the old pipelines worn out in the seventies of the last century." 
The oil minister said that "these projects within the plans of the Ministry of Oil to develop the infrastructure of the oil industry and the modernization of pipelines carrying crude oil and water."

[yota691]

12-04-2018 02:12 PM

Oil announces the opening of a new export pipeline to transport crude oil in the southern ports

 

 

 

Oil Minister Jabbar Ali al-Laibi announced on Thursday the opening of a new export pipeline to transport crude oil in southern ports. 

A statement by the ministry said al-Allaibi said the pipeline was 42 knots and extended from the FAO oil depot to the export ports in Ras al-Bisha 2 in southern Iraq and the opening of the water injection project, which runs from the main water pumping station in Kerma Ali to the northern Rumaila field in Basra province Through the implementation of two sections for the rotation size (48 - 42) node (Kerma Ali - Rumaila North) '. 

He added that the "pipeline (42) node, which extends the length of (11600) meters will transfer the rate of exports estimated at one million and 500 thousand barrels per day of Iraqi crude oil, and will contribute to the smooth flow of crude oil from warehouses to export ports,

Al-Luaibi said that the national effort in the oil projects company also carried out an important project for the extraction sector and the maintenance of production, which is the water injection pipe that runs from the main pumping station in Kerma Ali to the northern Rumaila field in Basra province. 

He stressed that 'this pipeline will contribute in the transfer of quantities of treated water injection to the field in order to sustain and support the reservoir pressure to increase production of the field and planned amounts, and will replace this tube from the old pipelines worn out in the seventies of the last century'. 

"These projects are part of the plans of the Ministry of Oil to develop the infrastructure of the oil industry and the modernization of pipelines carrying crude oil and water."

[yota691]

Oil announces the completion of the rehabilitation work and the operation of the warehouse bath Alalil card 75 million liters

 

Oil Minister Jabbar al-Allaibi «Economy News»

energy Economy News Baghdad: The oil minister announced on Thursday that the national authorities in the oil sector were able to complete the rehabilitation work of the Al-Alil oil depot in Nineveh. The warehouse of Bath Al-Aalil is one of the largest warehouses that provides strategic stocks of oil derivatives for Nineveh province, the northern region and the western region. Oil Minister Jabbar al-Luaibi said in a press statement that "the warehouse will provide 75 million liters of oil derivatives, including 60 million liters of gas oil and 15 million barrels of oil, "The national authorities have been able to build and build a reservoir (2) with a capacity of (1.5) million and five hundred thousand liters dedicated to gasoline, and it is hoped to operate before the end of this month." He added that "the national staffs in the pipeline company and its backers from the oil products distribution company, the heavy engineering equipment company and the oil projects company was able to complete the work of reconditioning the warehouse and its operation in record time and the possibilities available after the terrorist gangs had destroyed it and its expertise during the previous years. Views 90   Date Added 04/12/2018

[yota691]

 

Iraq "gives opportunity" and postpones bid for oil and gas

 

 Twilight News    
 one hour ago

A senior Oil Ministry official said on Thursday that Iraq postponed a round of oil and gas bids for 11 new patches to 25 April.

Iraq originally planned to award contracts to explore and develop oil and gas for the New Rift Valley located in border areas with Iran and Kuwait and in the waters of the Gulf, on April 15.

Abdul Mahdi al-Amidi, head of the Licensing and Contracts Office at the Iraqi Oil Ministry, said the postponement was meant only to give companies a little time to prepare and submit bids. According to Reuters

Keywords: 

[nannab]

Very good news. 

[Pitcher]

The refinery of Baiji, north of Salah ad Din province, resumed its work after a four-year hiatus after the occupation of the terrorist gangs of the city of Mosul and extended to the province in June 2014 and extended the refinery acts of sabotage.
“After an interval of four years, the first tanker of crude oil was loaded from Baiji refinery,” local media sources said.
Prior to the fall of Mosul, the refinery’s capacity was 300,000 barrels per day of various derivatives.
The Ministry of Oil announced on 29 January last, the start of the comprehensive rehabilitation of the production unit Salahuddin / 2 in the refinery Baiji Salahaddin province.
“The ministry has set a time limit of 6-9 months to complete the rehabilitation of this unit,” Oil Minister Jabbar Ali al-Luaibi said in a statement, which was followed by the Iraqi Economic Center, stressing that he instructed the oil companies in the north, center and south to unite their efforts and employ them to achieve the ministry’s objective. The operation of the refinery, as well as guidance on harnessing all mechanisms, equipment, equipment, tanks and pipelines for the oil companies in support and support the rehabilitation and operation of the refinery of Baiji in the province of Salah al-Din.
He said Allaibi that the ministry has drawn up plans for the rehabilitation and operation of the production unit Salahaddin / 1, and the card 70 thousand barrels per day.

http://en.economiciraq.com/2018/04/13/baiji-refinery-returns-to-work-after-4-year-hiatus/

[King Bean]

Nice. Getting infrastructure up and running. I know they need the income from oil but how about we read about normal business, electricity and water, sewers, building construction?? They're going to putz around, as investors and contributors from the February Kuwait Conference start to get cold feet and back away.

[ChuckFinley]

Agree, they are really pushing production, which is good for us.  

[yota691]

Iraq and Exxon Mobil talks are at an impasse

 April 19, 2018 on Iraq talks and Exxon Mobil US reached a dead end closed  26 visits

 

Baghdad / SNG

 

The talks between Exxon Mobil and Iraq over a multi billion-dollar infrastructure have reached a dead end, Iraqi officials and oil sources said, in a possible setback to the oil giant's ambitions to expand the country.

The negotiations, which have lasted more than two years for a project to be awarded to the US company to build a water treatment plant and associated pipelines, a project necessary to increase Iraq's oil production capacity, are facing difficulties because of the differences on contract terms and costs, officials and exporters told Reuters. 
Officials say that unless differences are resolved, the project may be awarded to another company at Ata, without clarifying the points of contention. 
The loss of the contract could hit the broader Exxon plan in Iraq, where the company will receive rights to develop at least two oilfields in the south of the country, the Ben Omar and Artawi rivers. 
Exxon declined to comment. 
If the project sees further delays, the oil sector in Iraq, OPEC's second largest producer, may also be hampered.
Iraq needs to pump water into its wells, otherwise it risks losing pressure and facing sharp declines, especially in mature fields. While fresh water is a scarce resource in Iraq, the use of treated seawater is one of the best alternatives. 
The joint seawater project was originally scheduled to be completed in 2013, a project that will pump water in more than six oilfields in the south of the country, including the West Qurna-1 field of the Exxon and Rumaila of BP, but is now postponed until 2022. 
Ian Tom Analyst at Wood Mackenzie Consulting, said the sea water project "will be expensive and difficult but there is an opportunity here [for Exxon], to access resources on a very large scale and to accomplish something and bring about real change in its business."
Many major international oil companies such as BP, Royal Dutch Shell and Eni have operations in Iraq, where revenues have been negatively impacted in recent years as yields and contract conditions are tight. 
Exxon's activity in Iraq is limited when compared to dominant companies such as BP. The total production of Exxon's West Qurna-1 field is around 430,000 bpd, while BP's Rumaila field accounts for about one-third of the country's total output of 4.4 Million barrels per day. 
While the Texas-based company is looking to grow in Iraq, its geographic focus remains on the Americas, including the US Rocky Fields and Brazil, as opposed to competitors such as France's Total and Eni, which have expanded their activities in the Middle East over the years. Last.
Talks between the Iraqi authorities and Exxon are continuing, according to the sources of the sector and officials of the Iraqi Oil Ministry. 
But the state-run Basra Oil Company, which oversees the project, says it may launch the project in a bid this month in parallel with targeting the completion of phase one by 2022. 
"We follow this approach," Abdul Mahdi al-Amidi, director general of the oil contracts and licenses department at the oil ministry, told Reuters. But we can adopt another approach, too. " 
Iraq chose Exxon to coordinate preliminary studies of the joint sea water project in 2010. 
Baghdad was then aiming to increase its oil production capacity to 12 million bpd by 2018, to compete with Saudi Arabia. But this goal has not been achieved and was currently reduced to 6.5 million barrels per day by 2022 from about five million barrels per day at the moment.
"Iraq can probably reach 5.5 million barrels per day (bpd) without a major project to inject seawater, but I think they will have difficulties reaching seven million bpd," Tom said. 
Negotiations with Exxon failed in 2012 due to red tape and cost disputes. In 2015, the company re-entered talks with the Ministry of Oil, but this time in partnership with China's CNPC, with the introduction of the Sea Water Project into a much larger development project known as the " Integrated South. 
CNBC did not respond to a request for comment. 
Tom said that if Iraq went through a path other than cooperation with Exxon, it would raise two important questions: how to integrate the project between the water treatment plant and oil fields and how to fund the project. 
Two sources in the Iraqi oil sector told Reuters that the conduct of a course other than cooperation with Exxon would raise concerns about funding for Iraq.
"If you separate it, it will not be the same project," one source said. 
Project costs were not disclosed. 
ILF Engineering Consultants commissioned the engineering design for the project in 2014 based on processing 12.5 million barrels per day of seawater transferred to six oil fields, estimated at $ 12 billion. 
The capacity of the project has been adjusted downward, with the capacity of the first phase expected to reach five million barrels per day, and in the second phase 2.5 million barrels of water will be added to additional fields.

[ChuckFinley]

What is the deal with all the US companies getting bounced.  

[yota691]

Exxon is facing a setback in Iraq with a water project linked to an oil development contract

 

Exxon Mobil logo «Internet»

energy Economy News Baghdad: The talks between Exxon Mobil and Iraq over a multibillion-dollar infrastructure have reached a dead end, Iraqi officials and oil sources said, in a possible setback to the oil giant's ambitions to expand the country . The negotiations, which have lasted more than two years for a project to be awarded to the US company to build a water treatment plant and associated pipelines, a project necessary to increase Iraq's oil production capacity, are facing difficulties because of the differences on contract terms and costs, officials and exporters told Reuters . Officials say that unless differences are resolved, the project may be awarded to another company at Ata, without clarifying the points of contention . The loss of the contract could hit the broader Exxon plan in Iraq, where the company will receive rights to develop at least two oilfields in the south of the country, the Ben Omar and Artawi rivers . Exxon declined to comment . If the project sees further delays, the oil sector in Iraq, OPEC's second largest producer, could also be hampered . Iraq needs to pump water into its wells, otherwise it risks losing pressure and facing sharp declines, especially in mature fields. While fresh water is a scarce resource in Iraq, the use of treated seawater is one of the best alternatives . The joint seawater project was originally scheduled for completion in 2013, a project that will pump water in more than six oilfields in the south of the country, including the West Qurna-1 field of Exxon and Rumaila of BP, but is now postponed until 2022 . "It will be expensive and hard, but there is an opportunity here (for Exxon) ... to access resources on a very large scale and to accomplish something and bring about real change in its business, " said Ian Tom, analyst at Wood Mackenzie Consulting . Many major international oil companies such as BP, Royal Dutch Shell and Eni have operations in Iraq, where revenues have been negatively impacted in recent years as yields and contract conditions are tight . Exxon's activity in Iraq is limited when compared to dominant companies such as BP. The total production of Exxon's West Qurna-1 field is around 430,000 bpd, while BP's Rumaila field accounts for about one-third of the country's total output of 4.4 Million barrels per day . While the Texas-based company is looking to grow in Iraq, its geographic focus remains on the Americas, including the US Rocky Fields and Brazil, as opposed to competitors such as France's Total and Eni, which have expanded their activities in the Middle East over the years. Recent . * ' Another Approach ' Talks between the Iraqi authorities and Exxon are continuing, according to the sources of the sector and officials of the Iraqi Oil Ministry . But the state-run Basra Oil Company, which oversees the project, says it may launch the project this month in a parallel process with the completion of Phase I by 2022 . "We follow this approach, but we can adopt another approach as well, " Abdul Mahdi al-Amidi, director general of the Oil Contracts and Licensing Department at the Oil Ministry, told Reuters . Iraq chose Exxon to coordinate the preliminary studies of the joint sea water project in 2010. Baghdad was then aiming to increase its oil production capacity to 12 million bpd by 2018, to compete with Saudi Arabia. But this goal has not been achieved and was currently reduced to 6.5 million barrels per day by 2022 from about five million barrels per day at the moment . "Iraq can probably reach 5.5 million barrels per day (bpd) without a major project to inject seawater, but I think they will have difficulties reaching seven million bpd," Tom said . Negotiations with Exxon failed in 2012 due to routine and cost disputes. In 2015, the company entered into renewed talks with the Ministry of Oil, but this time in partnership with China's CNPC with the introduction of the sea water project within a much larger development project known as the Integrated South Project . CNBC did not respond to a request for comment . Tom said that if Iraq went through a path other than cooperation with Exxon, it would raise two important questions: how to integrate the project between the water treatment plant and oilfields and how to fund the project . Two sources in the Iraqi oil sector told Reuters that the conduct of a course other than cooperation with Exxon would raise concerns about funding for Iraq . "If you separate it, it will not be the same project, " one source said. Project costs were not disclosed . ILF Engineering Consultants commissioned the engineering design for the project in 2014 based on processing 12.5 million barrels per day of seawater transferred to six oil fields, estimated at $ 12 billion . The capacity of the project has been revised downwards. Phase I capacity is expected to reach 5 million barrels per day and in the second phase 2.5 million barrels of water will be added to additional fields . Views 1117   Date Added 19/04/2018

[yota691]

Exxon Mobil is facing a setback in Iraq and could lose a multi-billion dollar infrastructure contract

LONDON (Reuters) - Talks between Exxon Mobil and Iraq over a multibillion-dollar infrastructure have reached a dead end, officials and oil sources said, in a possible setback to the oil giant's ambitions to expand the country. 
Officials and exporters say more than two years of negotiations over a project to build a water treatment plant and associated pipelines, a project needed to increase Iraq's oil production capacity, are facing difficulties due to differences on contract terms and costs. 
Officials say that unless the differences are resolved, the project may be awarded to another company at Ata, without clarifying the points of contention. 
The loss of the contract could hit the broader Exxon plans in Iraq, where the company will receive rights to develop at least two oilfields in the south of the country, the Ben Omar and Artawi rivers.
If the project sees further delays, it could also hamper the oil sector in Iraq, OPEC's second-largest producer. 
Iraq needs to pump water into its wells or risk losing pressure and facing sharp declines, especially in mature fields. . 
While fresh water is a scarce resource in Iraq, the use of treated seawater is one of the best alternatives. 
The joint seawater project was originally scheduled to be completed in 2013, a project that will pump water in more than six oil fields in the south of the country, including the West Qurna-1 fields of Exxon and Rumaila of BP, Currently postponed until 2022.
Ian Thom, an analyst at Wood Mackenzie Energy Consultants, said the seawater project "would be expensive and difficult but there is an opportunity here for Exxon ... to access resources on a very large scale and to accomplish something and make a real difference in its business." Many major international oil companies, such as BP, Royal Dutch Shell and Eni, have operations in Iraq, where revenues have been negatively impacted in recent years, with declining yields and stringent contract conditions. 
Exxon's activity in Iraq is limited, compared with dominant companies such as BP. The total production of the West Qurna-1 field of Exxon is about 430,000 barrels per day, while Rumaila, BP, "about one-third of the country's total production of about 4.4 million barrels per day.
While its Texas-based firm is looking to grow in Iraq, its geographic focus remains on the Americas, including the US oil fields and Brazil, as opposed to rivals like France's Total and Eni, which have expanded their activities strongly. In the Middle East in recent years. 
Talks between the Iraqi authorities and Exxon are continuing, according to sector sources and Iraqi Oil Ministry officials. But the state-owned Basra Oil Company, which oversees the project, says it may launch the project in a bid this month in parallel with targeting the completion of the first phase by 2022. 
Abdul Mahdi al-Amidi, general director of the Oil Contracts and Licensing Department at the Ministry of Oil, We follow this approach but we can adopt another approach as well. "
Iraq had chosen ExxonMobil to co-ordinate preliminary studies of the joint sea water project in 2010. Baghdad was then aiming to increase its oil production capacity to 12 million bpd by 2018 to compete with Saudi Arabia. But this goal has not been achieved and has now been reduced to 6.5 million barrels per day by 2022, from about five million barrels a day at the moment. "Iraq can probably reach 5.5 million bpd without a major project to inject seawater, but I think they will have difficulties reaching seven million bpd," Tom said. 
Negotiations with Exxon failed for the first time in 2012 due to routine and cost disputes. In 2015, the company entered into renewed talks with the Ministry of Oil, but this time in partnership with CNBC, with the introduction of the Sea Water Project into a much larger development project known as the Integrated South Project.
Tom said that if Iraq went through a non-cooperation with Exxon, it would raise two important questions: how to integrate the project between the water treatment plant and the oilfields and how to fund the project. 
Two sources in the Iraqi oil sector said that the conduct of any course other than cooperation with Exxon would raise concerns about funding for Iraq. 
"If you separate it, it will not be the same project," said one source, speaking on the project if it is not integrated 
. 
The engineering design firm, ILF, prepared the engineering designs for the project in 2014 on the basis of processing 12.5 million barrels per day of sea water transferred to six oil fields, estimated at $ 12 billion.
The capacity of the project has been revised downwards. Phase I capacity is expected to reach 5 million barrels of water per day, and in the second phase 2.5 million barrels of water will be added to additional fields.

Apr 20, 2018

 

[10 YEARS LATER]

3 hours ago, Rafiki1 said:

Could this be the beginning of a springboard for the Iraqi government to move HCL along before BP and larger developers walk away?

 

After the February ' 18 " Donor Conference " in Kuwait, many expected the GOI to get after it, get it done and see the IQD go Global. Well the GOI Stepped Up their Foot Dragging then decided it was more important to hit the campaign trail to get get re-elected or just go " Fishing. " Nothing gets through to these people . . .

 

The whole Global Investment Community is chomping at the bit, and the seemingly oblivious GOI could care less. What planet are these fools from. Iraq, it's people and it's Future are on "HOLD"  ?????? . . . and Ramadan quickly approaches ! I won't be surprised one bit when the news breaks that Investors are pulling out. People can stand getting Jerked around for only so long. 

 

There's a Dangerous game being played out here. The present GOI could be responsible for a whole World of HURT if they don't Get Smart. The Iraqi every day folks  aren't going to take kindly if they see their Hopes & Dreams going South.

[yota691]

Oil Minister: We received more than 90 offers for Kirkuk pipeline

 

energy Economy News _ Baghdad Oil Minister Jabbar al-Allaibi said on Friday that the new Kirkuk pipeline is still under analysis and that Iraq received more than 90 offers on it, according to "Reuters . " Al-Luaibi said he hoped to finalize the pipeline offer by mid-2018. Views 10   Date Added 20/04/2018

[yota691]

Oil: We received more than 90 offers for the Kirkuk pipeline

 

 Since 2018-04-20 at 11:52 (Baghdad time)

Follow - Mawazine News

Oil Minister Jabbar al-Luaibi revealed on Friday that the ministry received more than 90 bids for the Kirkuk pipeline.

"The new Kirkuk pipeline is still under analysis," said al-Allaibi, according to Reuters, and read by Mawazin News, revealing that "Iraq received more than 90 offers on it."

He expressed his "hope to finalize the issue of pipeline offers by mid-2018."

It is noteworthy that Iraq had announced on the ninth of last December to sign an agreement with Iran for the export of oil from the fields of Kirkuk at the rate of 30 to 60 thousand barrels per day using trucks temporarily until the implementation of an oil pipeline linking the two countries in the northern region of Iraq.

The pipeline could replace the existing export route from Kirkuk through Turkey and the Mediterranean.

The agreement included Iraq and Iran to swap up to 60 thousand barrels per day of crude produced from Kirkuk with Iranian oil for delivery through the ports of southern Iraq the same amount and the same specifications.

The sale of Kirkuk crude has been suspended since the security forces imposed the federal authority on the province and its oil fields on 16 of last October.

The field of Kirkuk is one of the important oil fields in Iraq. It is estimated that the reserves of the field close to 10 billion barrels of oil of good quality, and the maximum capacity to produce the field million barrels per day, but the average production during the past few years decreased significantly until it dropped to about 150 Thousand barrels per day only

[yota691]

Iraq stops importing gas oil

Readers

 

 

Iraq stops importing gas oil

 

22-04-2018 01:00 PM

 

The Euphrates -

 

The Minister of Oil announced on Sunday that for the first time since 2003, the ministry decided to delay the importation of kerosene oil for May 2018, after the workers in the liquidation sector achieved an increase in the production of this material for the month of April and reach the production rate (17894 m 3) per day. 

Oil Minister Jabbar Ali al-Allaibi said in a press statement that these rates of production are higher than the average domestic consumption of kerosene for the month of March, which amounted to (17158 m3) per day, noting that the rate of energy of the material also increased to (360000 m3) With the arrival of the capacity of Iraqi refineries to the same rates as before the events of 2014, despite the exposure of many of them to sabotage and destruction and stop production. 

"With the help of the loyalists, we have succeeded in increasing the production capacity of the existing refineries to rates ranging between 550-600 thousand barrels per day," he added. 

He added that "the ministry's ambition is to achieve self-sufficiency of this article and reduce the amount of imports to more than (50%) depending on the volume of consumption of the Ministry of Electricity for the material (kaz) in generating electricity for citizens." 

He stressed that "the Ministry of Oil succeeded in providing this material despite the suspension of Al-Samoud refinery (Baiji), whether through importing from abroad or through national production in order to maintain the work and operation of power plants of the Ministry of Electricity, For the same purpose ".

[yota691]

Oil announces final statistics for exports last March

Release Date: 2018/4/22 14:31 • 78 times read

(Baghdad: Al-Furat News) The Ministry of Oil announced the total oil exports and revenues achieved for the month of March, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

A statement of the Ministry of Oil received the agency {Euphrates News} a copy of it today that "the total quantities exported from crude oil for the month of March from the oil fields in central and southern Iraq amounted to 107 million and 50 thousand barrels one hundred and seven million and fifty thousand barrels, with revenues of 6 billion and 435 million And 210 thousand dollars, while not recorded statistics exports from the fields of Kirkuk. " 
He explained that "the average price per barrel amounted to 60,114 dollars, and that the exported quantities were loaded by 39 international companies of different nationalities, from the ports of Basra and Khor al-Amaya and single buoys on the Gulf."

[js214]

exporting on what currency? To have a functioning Gov't you need a functioning currency for the exports has always been my understanding..

[ChuckFinley]

You would think. 

[js214]

8 minutes ago, ChuckFinley said:

You would think. 

Drop the us dollar value down lower and see how fast they get on their own ?