Key project, security, oil dispute in focus as Erdoğan heads to Iraq
President Recep Tayyip Erdoğan's trip to Iraq after over a decade is expected to bolster bilateral relations and add momentum to a vast...
Stay updated with breaking news from Basra Gulf. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
President Recep Tayyip Erdoğan's trip to Iraq after over a decade is expected to bolster bilateral relations and add momentum to a vast...
Export volumes are expected to slide further as Iraq makes new OPEC-plus commitment to support prices with reduced output.
The northern export pipeline was offline for a seventh straight month, but Iraq has now compensated for about half the lost volumes with increased oil sales via southern outlets.
Exports and output are rising, but Kurdistan's oil industry is still in crisis due to the northern pipeline outage.
A $417M subsea pipeline project that was funded and then suspended over the past two months has gotten Cabinet approval again, with a half million barrel per day capacity increase slated for next year.