Space Industry and Business News  
OIL AND GAS
Iraq wants oil exported through Turkey
by Daniel J. Graeber
Washington (UPI) Feb 20, 2018

The Iraqi government said it wants to discuss with Turkey the potential for moving oil again from federal territory to a port on the Mediterranean Sea.

Asim Jihad, a spokesman for the Iraqi Oil Minister Jabar al-Luaibi, said the minister will visit Turkey by the end of the week, at the invitation of the Turkish government.

Both sides, the spokesman said in a statement, will review bilateral relations in the oil and gas sector "and discuss the case of restarting the oil exports through the Turkish port of Ceyhan."

Crude oil from northern Iraq flows primarily by truck and through a pipeline from territory controlled officially by the Kurdish government to Ceyhan. A second pipeline runs north from Kirkuk, though the ministry spokesman said it was damaged so badly by Islamic State militants that parts of it would need to be rebuilt.

The Iraqi Oil Ministry in January signed a memorandum of understanding with BP to overhaul fields seized when Iraqi forces grabbed control over parts of the region following a controversial referendum for Kurdish independence last year.

BP suggested in October it was in broader talks with efforts in Kirkuk, though so far has been tight lipped in its potential role in northern Iraq. By November, the ministry's spokesman said the order was given for "concerned companies and authorities" to prepare the documents related to the reconstruction of the pipeline meant to carry crude oil from Kirkuk to the Turkish sea port at Ceyhan.

Representatives from the Turkish Ministry of Energy met in November in Baghdad with their Iraqi counterparts and members of State Organization for Marketing of Oil. According to the ministry spokesman, oil in Kirkuk was high on the agenda.

Luaibi's visit to Turkey would be a continuation of those meetings. Oil, the ministry spokesman said, would be exported exclusively by SOMO, a national company with headquarters in Baghdad.

SOMO reported total oil exports from Iraq in December, the last full month for which it published data, was 109 million barrels at an average realized price of $59.35 per barrel. None of that oil was exported from Kirkuk. Monthly figures will be updated on Sunday.

Iraqi Prime Minister Haider al-Abadi said in late August that Nineveh province and its capital, Mosul, were liberated from the Islamic State, also known as ISIL, ISIS, and Daesh. That led the federal government to start a reconstruction campaign in the region after years of battling the terrorist threat.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Kashagan oil field inching toward design capacity
Washington (UPI) Feb 19, 2018
It could take the rest of the year for the Kashagan oil field in the Kazakh waters of the Caspian Sea to reach its full design capacity, the operator said. The Kashagan oil field offshore Kazakhstan was declared a commercial prospect in 2002. Development, however, has been impeded by a series of issues with infrastructure in a complex reservoir environment. Production moved in fits and starts after the commercial declaration and finally resumed in October 2016 following several years of ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Friction found where there should be none: In superfluids near absolute zero

Why bees soared and slime flopped as inspirations for systems engineering

Recreating outer space in the lab

Super wood could replace steel

OIL AND GAS
Northrop Grumman awarded $429M contract for Polar payloads

Improve European defence with new commercial space capabilities

Military innovation demands state-of-the-art satellite connectivity for maritime applications

L-3 to provide advanced optics, sensors to U.S. Air Force

OIL AND GAS
OIL AND GAS
Why Russia is one step ahead of US Army's plans for future GPS

Europe claims 100 million users for Galileo satnav system

Airbus selected by ESA for EGNOS V3 program

Pentagon probes fitness-app use after map shows sensitive sites

OIL AND GAS
Boeing, Embraer near deal on commercial air business: source

Chinese woman follows handbag into X-ray scanner

Boeing to upgrade Japanese AWACS aircraft

Rheinmetall, Sikorsky team up on heavy lift helicopter for Germany

OIL AND GAS
First 3-D imaging of excited quantum dots

Fingerprints of quantum entanglement

Understanding heat behavior in electronic devices boosts performance

Artificial agent designs quantum experiments

OIL AND GAS
ESA Cluster mission unveils the magnetosphere

Landsat 8 marks five years in orbit

Micro to macro mapping - Observing past landscapes via remote-sensing

Chinese company hitches space ride on UK satellite

OIL AND GAS
Biotechnologists look to bacteria in extremely cold environments for 'green' detergents

Coal-loving Poland struggles with killer smog

An efficient and sustainable way to filter salt and metal ions from water

Germany eyes free transport to banish air pollution









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.