Where will the Independent KRG’s Oil Export Lead to? By Munir Chalabi*

Download PDF 1- Preface As from January 2014, the Kurdistan Regional Government (KRG) has begun to export crude oil directly to world oil markets through a new pipeline to the Turkish port of Ceyhan from oil fields under its control. Dispatched without the approval of Iraq’s central government, with the first shipment put up for sale before the end of January 2014. With the

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Oil export revenue of Iraq to jump at the record high position

Revenue through oil export in Iraq is likely to increase for the month of April as Basrah Light crude to Asia sells at the highest rate in more than a year against Saudi prices and shipments expand. Iraq is set to export the most Basrah Light in at least two years next month, at the same time as the grade’s discount to Saudi crude is the narrowest in 17 months. Alexander Poegl,

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Mosul, northern Iraq to refine oil in disputed areas

An oil refinery construction agreement between Iraq's Mosul province and the Kurdish Regional Administration was signed on Monday, says Mosul governor.The agreement includes the sharing of oil extracted from the disputed areas between Mosul and the Kurdish Regional Administrationm (KRG) in support of the Mosul province, said Nujaifi and added, "This agreement will change Iraq'

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Major oil contract of Eni, approved by Iraq

Iraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security concerns. Rising violence has not hit operations at the southern fields driving Iraq's oil expansion, but Western companies at work there say det

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