Tuesday 31 May 2016
 
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Basra

Iraq plans to boost Basra crude exports in June

Iraq plans to boost crude oil exports from its southern region to 3.47 million barrels per day in June, potentially beating a record volume set in November, a preliminary loading programme showed.   June's ex

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Iraq's southern oil exports rise to 3.36mbpd

Iraq exported oil from southern fields at an average rate of 3.364 million barrels per day in April, higher than the March average of 3.286 million, Oil Ministry spokesman Asim Jihad said. That is close to the record of 3.37 milli

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Falling Iraqi crude exports ease severe congestion at Basra port

Falling Iraqi oil exports have eased a huge traffic jam of tankers waiting to load crude at the Iraqi port of Basra, with queuing times falling by about a third this month, shipping data showed.   The easing cong

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Huge oil tanker traffic jam builds at Iraq's Basra port

A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays, with some waiting up to three weeks and costing ship operators around $75,000 a day per vessel.   S

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Iraq's southern oil exports slip in February

Iraq's southern oil exports dropped slightly in February to an average of 3.225 million barrels per day (mbpd), the oil ministry said.   Shipments from the southern terminals in the Gulf fell from 3.285 mbpd

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Iraq expects to load less Basra crude in March

Opec's second-largest producer Iraq expects to load 6.9 per cent less Basra crude in March than the previous month, with most of the reduction coming on the heavier grade, trade sources said.   The cuts would

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CPP consortium to build $18bn Iraq-Jordan pipeline

A consortium of China Petroleum Pipeline (CPP) and private company Mass Global is set to build a $18 billion export pipeline from Basra to the Jordanian Red-Sea port of Aqaba, according to a report.   "The t

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CPP consortium to build $18bn Iraq-Jordan pipeline

A consortium of China Petroleum Pipeline (CPP) and private company Mass Global is set to build a $18 billion export pipeline from Basra to the Jordanian Red-Sea port of Aqaba, according to a report.   "The t

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Iraq Basra crude exports to rise to 3.4 mbpd in January

Iraq plans to export about 3.4 million barrels per day (mbpd) of Basra crude from its southern oil terminals in January, up 17.2 per cent from the previous month, trade sources said, citing a preliminary loading programme.  

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Basra sets up company to attract international investment

Basra Council – the political authority for Iraq’s economic capital – has announced that it is in the process of establishing Basra Company, a regional development company charged with boosting the economy in the Governorate,

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