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Iraqi Oil Minister reveals the position of production and export of the recent protests

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 2019-10-01 07:02:15
 

The Ministry of Oil announced the total exports and revenues achieved for the month of September, according to preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO", where the amount of exports of crude oil (107) million (276) thousand and (327), revenues amounted to (6) billion and (345) million and (289) thousand dollars.
A spokesman for the Ministry of Oil, Assem Jihad, said that the total exported quantities of crude oil for the month of September from the oil fields in central and southern Iraq amounted to (103) million and (10) thousand and (306) barrels. (3) million and (166) thousand and (848) barrels, while the quantities exported from the field of Qayyara (877) thousand and (196) barrels, while the quantities exported to Jordan (221) and (977) barrels.
He pointed out that the total daily rate of exports amounted to (3) million and (576) thousand barrels, where the daily rate of export from the ports of Basra (3) million and (434) thousand barrels, and from Ceyhan daily rate (106) thousand barrels, while The daily average of Qayyarah field was (29) thousand barrels, and the daily average for export to Jordan was (7) thousand barrels.
Jihad added that the average price per barrel was (59.149) dollars.

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Iraqi Oil: $ 6.35 billion oil revenues during September

Iraqi Oil: $ 6.35 billion oil revenues during September
Iraqi Ministry of Oil
 01 Oct 2019 03:01 PM

Mubasher: The Iraqi Ministry of Oil announced that the total exports and revenues achieved for the month of September last.

According to a ministry statement seen by Mubasher on Tuesday, "the amount of crude oil exports, according to the preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO) reached 107.276 million barrels with revenues amounting to more than 6.345 billion dollars.

Oil Ministry spokesman Assem Jihad said that the total exported quantities of crude oil for the month of September from oil fields in central and southern Iraq amounted to 103.10 million barrels.

The statement added that the total quantities of Kirkuk fields through Ceyhan port amounted to exported 3.166 million barrels, while the quantities exported from the field of Qayyarah 877,196 thousand barrels, while the quantities exported to Jordan amounted to 221,977 thousand barrels. 

The statement pointed out that "the total daily rate of exports amounted to 3.576 million barrels, where the daily rate of export from the ports of Basra 3.434 million barrels, and from Ceyhan was the daily rate of 106 thousand barrels, while the daily rate from the field of Qayyarah 29 thousand barrels, and the daily rate To export to Jordan 7 thousand barrels. "

Jihad added that the average price per barrel was 59.149 dollars.

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Iraq plans to revive an oil pipeline
 
 

A senior official in the Iraqi energy sector revealed the implementation of an experimental pumping of oil in the main pipeline linking  the oil fields of Kirkuk (north) and the city of Haditha (western), for the first time in five years.
The Iraqi official, who declined to be named, said the aim of the test pump was to determine the levels of damage and other technical problems in the pipe, in a move that was interpreted as part of the steps to implement an oil agreement between 
Iraq and Jordan , concluded earlier this year. A pipeline from Basra to the port of Aqaba to export Iraqi crude with a capacity of about one million barrels per day.

This comes about two weeks after the announcement of the Jordanian Minister of Energy and Mineral Resources, Hala Zawati, the arrival of the first shipment of Iraqi crude oil exported from Iraq to Jordan, and by 10,000 barrels by land across the border under the memorandum of understanding signed between the two countries last February. With the efforts of Iraq, which resulted in the completion of this important part of cooperation in the field of energy between the two sides thanks to the interest and support of the leaderships of the two brotherly countries.

According to the Iraqi official, the North Oil Company in Kirkuk recently, a process of pumping in the pipeline from Kirkuk passing through the city of Baiji to the city of Haditha, at the station (K3) west of the country to find out the current problems in the pipeline and maintenance, adding that this process is taking place for the first time since More than five years ago, the company stopped supplying oil to the pipeline via the pipeline because of the takeover of Anbar in 2014 by ISIS, the terrorist organization.

The official added, "The pumping was to assess the pipeline's oil and to know the damage, and found that it is not large and the experimental pumping process succeeded and we identified the status of the line and its carrying capacity, to transport oil," pointing out that "the pipeline is ready to work within At another stage, he will determine whether he will be involved in the project to export Iraqi oil from Basra to Aqaba, Jordan,
while specialists in the oil sector in Iraq that the important step towards the completion of the pipeline that Baghdad and Amman rely on a lot to create a port New export to Iraq away from T. Rkiya and Basra ports on the confused security of the Arabian Gulf.

According to the experts will ensure that Jordan 's continuing domestic consumption of oil supplies, as will reduce allocated to complete the project as well as the financial cost of time, without the need to create a new tube at the distance of about 430 km.
Observers confirm that the capacity of the pipeline does not exceed a quarter of a million barrels while the agreement with Jordan is one million barrels per day, excluding that the test pump has to do with the oil project with Jordan at the present time unless there is an expansion plan or considered as a line of several lines to be established to his side.

 

Iraqi economist Ali Khalil told Al-Arabi Al-Jadeed that the pipeline is considered one of the important oil pipelines in western Iraq, but pumping oil from Kirkuk through it only means testing it, as the agreement with Jordan requires that the linkage from the Basra oil fields The south of the country and not the northern fields of Kirkuk.

He adds , "Most of Iraq 's cities served by lines of oil medium and large capacity pumping oil in the pipeline could mean that it will be used within the Iraqi linkage Jordanian oil project or that it will return its previous function , which feed power plants and the unity of a small refinery in the city of Haditha in western Iraq oil. The

Iraqi government approved the mid - year An agreement is underway to establish an oil pipeline with an estimated capacity of one million barrels per day with a length of more than 1700 km, and a final cost of up to $ 18 billion to transport oil from Basra on the waters of the Arabian Gulf in southern Iraq to the Jordanian port of Aqaba on the Red Sea.
The Iraqi Prime Minister Adel Abdul-Mahdi announced earlier in July that the Iraqi Council of Ministers approved the draft Iraqi-Jordanian oil pipeline, stressing that any obstruction to export oil through the Strait of Hormuz will affect the national economy, which depends on oil revenues, The Council of Ministers is considering alternatives to find different and diverse paths in order to ensure the continuation of the movement of Iraqi oil exports in a smooth manner.

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 2019/10/06 09:49:19
 

The Committee to follow up the export of oil from the Kurdistan region suspended its work, following the protests in several Iraqi cities.
A member of the oil and energy committee in the Iraqi parliament, Rebwar Taha, said the committee will resume its work in Kurdistan once the situation is calm.
He added that the
first step of the work of the Commission began from the federal capital Baghdad, to investigate the data and statistics prepared by the company SOMO of the Federal Ministry of Oil, and for the export of oil from the Kurdistan region.
He pointed out that those reports and statistics showed that the region exports daily 441 thousand and 678 barrels of oil, the same figure announced by the regional government, considering it a good start to resolve the outstanding problems between the governments of Arbil and Baghdad.

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Oil field
  

 energy


Economy News - Baghdad:

Saudi Arabia has replaced Iraq as India's largest oil supplier, continuing its lead for 13 months, Reuters reported.

"Saudi Arabia exported about 823,500 barrels of crude to India in September versus 821,000 barrels from Iraq," Reuters said in a report published by Al-Eqtisadiah.


Number of Views 106   Date Added 22/10/2019

 
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24-10-2019 01:22 PM
 

 

 

Ammon - Iraqi oil sources said on Thursday that Iraq's oil production is more than 4 million barrels of oil per day.

The Undersecretary of the Ministry of Oil Fayyad Nehmeh in a press statement, that Iraq's oil production is currently four million and 400 thousand barrels.

He added, that Iraq exports from this production about three million and 400 thousand barrels per day from the southern fields.

The source said that the remaining oil production is from the share of northern fields in Kirkuk, pointing out that the Kurdistan region of Iraq did not recognize the federal government in Baghdad quantities of oil agreed in accordance with the budget of 250 thousand barrels per day despite the continuing talks.

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The information / Baghdad ..
The Ministry of Oil, on Thursday, the Kurdistan region did not deliver the federal government quantities of oil agreed in accordance with the budget of 250 thousand barrels per day despite the continuation of talks in this regard.
The senior Undersecretary of the Ministry Fayyad Nehmeh in a statement reported by the official newspaper "Sabah" and informed him / information /, that " Iraq's current production of crude oil, amounting to four million and 400 thousand barrels per day, of which exports nearly three million and 400 thousand barrels per day of Southern Fields. ”
He added, “The federal government has not yet received from the Kurdistan region of Iraq , the quantities of oil agreed in accordance with the budget of 2019, amounting to 250 thousand barrels per day, despite the presence of visits and mutual delegations between Baghdad and ErbilBut so far nothing has been issued regarding the agreement on the delivery or receipt of Kurdistan's oil.
The Undersecretary of the Ministry of Oil stressed that `` everything that is currently going on in Kurdistan, does not comply with the general budget law for 2019, and that his ministry is waiting for the government to do so, which opened talks with the government of Arbil, '' hoping to 'reach a result'. Done / 25

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 2019/10/24 00:56:41
 

The Ministry of Oil plans to reconsider some paragraphs of the contracts of the first three rounds of licenses, and while confirming that the production of oil is currently four million and 400 thousand barrels, from which three million and 400 thousand from the southern fields, announced that the region did not deliver the federal government quantities of oil agreed According to the budget of 250 thousand barrels per day despite the continuation of talks in this regard.

Fayyad Nehmeh, senior undersecretary at the ministry, said in a statement to the semi-official Al-Sabah newspaper on Thursday that his ministry had announced five rounds of licenses in the past few years. Their contracts were changed earlier and the ministry has come a long way, but as a result of low oil prices and instability and the rise of ISIS terrorist gangs in some cities, negotiations have been prevented.

He added, that his ministry intends during the next year, to review some paragraphs of contracts licensing rounds and in the interest of Iraq, and to be more satisfied with international companies to rush in the process of making rewarding investments to develop the oil and gas sectors in Iraq, noting that it is scheduled to be reviewed paragraphs Contracts for the first, second and third licensing rounds.

He added that the amendments were described as very good on the fourth and fifth rounds by the Department of Contracts and Licenses by virtue of experience and the past period, as it was benefited from mistakes and experiments, and many amendments have been made to them. 

He said that Iraq's current production of crude oil, amounting to four million and 400 thousand barrels per day, from which it exports nearly three million and 400 thousand barrels per day from the southern fields, indicating that the federal government has not yet received from the Kurdistan region of Iraq, the quantities of oil agreed upon According to the 2019 budget of 250 thousand barrels per day despite the presence of visits and mutual delegations between Baghdad and Erbil, but so far nothing has been issued regarding the agreement on the delivery or receipt of Kurdistan's oil.

The Undersecretary of the Ministry of Oil stressed that everything that is currently going on in Kurdistan, does not comply with the general budget law for 2019, and that his ministry is waiting for the government to do so, which opened talks with the government of Erbil, and expressed the hope to reach a result.

He disclosed that his ministry is implementing projects to be financed by the companies to be fulfilled through the production achieved by the project, pointing to continue this trend, indicating that among the projects that have been contracted in this way is the project Nasiriyah gas capacity of 200 million standard cubic feet Daily, and the development of the field of Nasiriyah capacity of 100 thousand barrels per day, especially since the current production volume of up to 100 thousand barrels per day.

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Iraqi oil: $ 6.3 billion the proceeds of oil exports in September

Iraqi oil: $ 6.3 billion the proceeds of oil exports in September
Iraqi oil field
 28 October 2019 12:52 PM

Iraqi Oil Ministry announced on Monday the total oil exports and revenues for the month of September 2019, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

The ministry said in a statement that total revenues amounted to $ 6.32 billion from oil exports last month.

The oil ministry said 107.28 million barrels of crude oil were exported in September.

A spokesman for the Ministry of Oil, the total exported crude oil for the month of September last oil fields in central and southern Iraq amounted to 103.1 million barrels with revenues of $ 6.09 billion.

Asim Jihad added that the exported quantities of Kirkuk oil through the port of Ceyhan reached 3.17 million barrels with revenues of 189.31 million dollars.

Exports from the Qayyarah field amounted to 877.19 thousand barrels with revenues of 32.26 million dollars, while the quantities exported to Jordan were 221.98 thousand barrels with revenues of 10.38 million dollars.

Jihad said that the average price per barrel was 58.92 dollars.

He pointed out that the quantities exported were loaded by 44 international companies of different nationalities, from the ports of Basra and Khor Al-Amaya and unilateral buoys on the Gulf and the Turkish port of Ceyhan.

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Oil Ministry: revenues last October amounted to more than 6 billion and 107 million dollars

 
Baghdad - Conscious
The Ministry of Oil achieved revenues of more than 6 billion and 107 million dollars during the month of October last value of crude exports, which amounted to (106) million (859) thousand and (470) barrels.
The spokesman of the Ministry of Oil Asim Jihad in a press statement received by the Iraqi News Agency (conscious), "The total quantities of crude oil exported for the month of October last oil fields in central and southern Iraq amounted to (103) million (540) thousand and (855 The exported quantities amounted to (2) million and (579) thousand and (837) barrels, while the exported quantities from the field of Qayyarah (431) and (486) barrels, while the exported quantities To Jordan (307) thousand and (292) barrels. "
He added, "The total daily rate of exports amounted to (3) million and (447) thousand barrels, where the daily rate of export from the ports of Basra (3) million (340) thousand barrels, and from Ceyhan daily rate (83) thousand barrels, The daily rate from Qayyara field was (14) thousand barrels, and the daily rate for export to Jordan was (10) thousand barrels.
Jihad said, "The average price per barrel reached (57.153) dollars."
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 2019/11/05 23:47:16
 

Iraqi Deputy Oil Minister Fayyad Nehme said that his ministry has a plan to build a new pipeline towards Turkey, noting that Iraqi oil reaching Ceyhan currently amounts to 100,000 barrels per day of Kirkuk oil.

The semi-official daily Al-Sabah said Wednesday that this does not interfere with the situation in the Kurdistan region because there are understandings with the Turkish side as they are responsible for its delivery, especially since the pipeline will reach more than one million barrels per day.

He stressed that Iraq is one of the countries that have great potential and promising in the oil and gas sectors and can play a pivotal and important role globally and regionally.

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Iraq is considering a plan to build a new pipeline to export oil through Turkey, where the two countries are currently connected to an oil pipeline to the Turkish port of Ceyhan with a capacity of 100 thousand barrels per day of Kirkuk oil

"The new line is under study and does not intersect with the situation in the Kurdistan region in northern Iraq because there are understandings with the Turkish side as they are responsible for its delivery," he said.
 
"If approved to build the pipeline with Turkey , the capacity will be one million barrels per day."

And Iraq 's second - largest oil producer in the Organization of OPEC " after Saudi Arabia, produces in total around 4.5 million barrels per day. Iraq

depends in its annual financial revenues on the export of oil by 97%, and seeks through a package of legal legislation, to activate the industrial, agricultural and commercial, to ensure the provision of additional financial revenues.
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Iraq brings international companies to build a pipeline to export oil through Jordan

 
Baghdad / Tariq Araji             
 
The Ministry of Oil has recruited international investment companies to discuss the possibility of extending the export pipeline of Iraqi-Jordanian crude oil with a capacity of 2.5 million barrels per day, while it intends to extend a new export pipeline towards Ceyhan of Turkey by one million barrels per day. The price of $ 50 a barrel in the federal budget.

Senior Undersecretary Fayyad Nehmeh said in an exclusive interview with Al-Sabah that his ministry had reserved that the price of a barrel of oil in the budget should be $ 50, as the price was the result of an in-depth study of world markets. Stressing not to determine the amount of oil produced in the region within the budget for 2020 so far, and it is currently in the process of discussion with the region.
He added: that his ministry had a surplus production in Kirkuk oil after the flow stopped through Turkey earlier, which led to diverting its export through Iran and then the ministry was able to re-export through Turkish territory, indicating that the quantities of oil produced in Kirkuk fields are currently exported by 100 thousand Bpd and other produced quantities are transferred to domestic refineries.
He pointed out that his ministry has a great interest in delivering the country's oil to the markets of Southeast Asia, which is the most important, such as India and China, noting that the Iraqi crude oil export pipeline to Jordan is existing, and the ministry is currently recruiting a number of specialized international companies to determine the extent of their ability to implement the project, especially as It will be implemented as an investment from Basra oil towards Haditha with a capacity of 2.5 million barrels per day, of which one million will be exported to Jordan and the remaining for use Procedure.
He disclosed the existence of a plan at his ministry to extend a new pipeline towards Turkey, noting that the Iraqi oil arriving at Ceyhan currently, 100,000 barrels per day of Kirkuk oil, expecting that these quantities will rise depending on market prices and investment.
He said the senior agent of oil: This does not intersect with the situation in the Kurdistan region because of understandings with the Turkish side being responsible for its delivery, especially that the pipeline will reach more than one million barrels per day, stressing that Iraq is one of the countries that have large and promising energies in the sectors Oil and gas can play a pivotal and important role globally and regionally.

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Iraqi Oil Minister reveals the position of production and export of the recent protests

Iraqi Oil Minister reveals the position of production and export of the recent protests
Iraqi Oil Minister Thamer Ghadhban
 09 Nov 2019 06:39 PM

Iraqi Oil Minister Thamer Ghadhban said crude oil production and export levels remained stable, despite widespread anti-government protests .

The minister said in a statement on the ministry's website on Saturday, the stability of production and export rates, and that the extractive side is in very good health, adding: "We have additional potential, but Iraq is committed to its share of production in (OPEC)."

The minister expressed his hope to fulfill the ministry's commitment to the budget despite not receiving any oil from Kurdistan, stressing that "the outlook is positive . "

Protesters in Iraq on Thursday closed the main port of Umm Qasr in the south of the country, burning tires and closing the entrance of the port, preventing trucks from transporting food and vital imports before resuming operations after hours .

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