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Baystreet.ca - Russia Expands Its Influence In Major Iraqi Oil Fields


Russia Expands Its Influence In Major Iraqi Oil Fields
Given the U.S.’s broad scaling-down of its on-the-ground operations in the Middle East over the past five years, a specific function of which is ExxonMobil’s intention to sell its stake in Iraq’s supergiant West Qurna 1 oil field, China and Russia have been busy in occupying the spaces left by the U.S., as OilPrice.com has been highlighting since the process began. Just a few days ago, Washington appeared finally to have caught up to what has been going on, with the Deputy Assistant Secretary of Defense, Dana Stroul, saying: “It’s… clear that certain countries and partners would want to hedge and test what more they might be able to get from the United States by testing the waters of deeper cooperation with the Chinese or the Russians, particularly in the security and military space.” ....

Al Muthannáz , United States , Ar Riya , Saudi Arabia , Donald Trump , Simon Watkins , Dana Stroul , Oil Ministry , Iraq Oil Ministry , Oil Company , Middle East , West Qurna , Deputy Assistant Secretary , Shia Crescent , Common Seawater Supply Project , North Oil , ஒன்றுபட்டது மாநிலங்களில் , ஆர் ரியா , சவுதி அரேபியா , டொனால்ட் துருப்பு , சிமோன் வாட்கின்ஸ் , எண்ணெய் அமைச்சகம் , இராக் எண்ணெய் அமைச்சகம் , எண்ணெய் நிறுவனம் , நடுத்தர கிழக்கு , துணை உதவியாளர் செயலாளர் ,

Iraq Revives Its Monster Pipeline Project


Recent news reports were replete with Iraq declaring its willingness to invest $15 billion into new gas-focused projects that could reduce its reliance on one of Baghdad’s long-standing problems, its gas imports. Baghdad has committed to an ambitious timeline of reaching self-sufficiency by 2024-2025, with several large-scale projects being developed simultaneously. The announced gas-boosting drive will encompass Total spearheading the revived $7 billion Common Seawater Supply Project (injecting desalinated water into Basrah fields and processing the freed-up gas), Sinopec developing the 4.5 TCf Mansuriyah gas field and another, yet unnamed, investor taking up the 5.6 TCf Akkas gas field. Concurrently to Iraq pushing forward with domestic gas production, Baghdad has also announced that it intends to revisit a long-forgotten pipeline project. ....

United States , Al Aqabah , Al Basrah , Khorasane Ra Avi , Gerald Jansen , Ihsan Abdul Jabbar , Majid Mahdi Hantoush , Us State Department , Common Seawater Supply Project , Energy Minister Majid Mahdi Hantoush , Middle Eastern , Arab Gas Pipeline , Syrian Civil War , Gas Exports , Oil Production , Energy Policy , ஒன்றுபட்டது மாநிலங்களில் , இசன் அப்துல் ஜபார் , எங்களுக்கு நிலை துறை , பொதுவானது கடல் நீர் விநியோகி ப்ராஜெக்ட் , நடுத்தர கிழக்கு , அரபு வாயு குழாய் , சிரிய சிவில் போர் , நான் L ,

Could Iraq Really Become OPEC's Largest Oil Producer?


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Could Iraq Really Become OPEC’s Largest Oil Producer?
By Simon Watkins - Apr 21, 2021, 7:00 PM CDT
Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared to current production of around 3.8 million bpd that factors in OPEC-mandated cuts.
Based on its vast oil resources there is no insurmountable reason why this output level should not be attained by that time or indeed even the 9 million bpd or 11 million bpd that were posited by the International Energy Agency in its 2012 production scenario analysis for Iraq. Even the lower of these two figures would allow Iraq to overtake Saudi Arabia as the number one oil producer in the Middle East, with the Kingdom producing just 8.17 million bpd on average from 1973 to this year. To reach these new output goals, Iraq announced last week initiatives including boosting the pr ....

Sala Ad Din , Saudi Arabia , Ihsan Abdul Jabbar , Simon Watkins , Iraq Drilling Company , Transparency International , Iraq Oil , China Hilong Oil Service Engineering Company , Iraq Oil Ministry , Bg Group , China National Offshore Oil Corporation , China Petroleum Engineering Construction Corp , Iraq Missan Oil Company , International Energy Agency , China National Petroleum Corporation , Shell Iraq Petroleum Development , Oil Minister , Middle East , West Qurna , Iran Iraq War , Missan Oil Company , Shell Trading , Oil Ministry , North Azadegan , China Trade War , Hilong Oil Service ,

Iraq Moves To Exploit Its Massive Natural Gas Reserves


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Iraq Moves To Exploit Its Massive Natural Gas Reserves
By Simon Watkins - Apr 05, 2021, 7:00 PM CDT
Official estimates are that Iraq’s proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the world’s total, placing Iraq 13th among global reserve-holders, with around three-quarters of this figure comprising associated gas that is found in the same reservoirs as oil. The International Energy Agency, though, estimates that ultimately recoverable resources will be considerably larger, at 8.0 tcm, of which around 30 percent is thought to be in the form of non-associated gas. Despite these huge potential gas resources, Iraq has made little substantial progress over the years on developing this potential either for associated or non-associated gas, mainly flaring the former and overlooking the latter. Last week, though, a heads-of-agreement deal was announced with French oil and ....

Sistan Va Baluchestan , United States , Al Basrah , Ash Sharqiyah , Saudi Arabia , Sala Ad Din , World Bank , District Of Columbia , Simon Watkins , Ihsan Abul Jabbar , Mustafa Al Kadhimi , Khor Al Zubair , World Bank Zero Routine , Oil Ministry , Ministry Of Industry , United Nations , Iraq Oil , Saudi Aramco , Royal Dutch Shell , International Energy Agency , Iraq Oil Ministry , Iraq State Company For Petrochemical Industries , Basra Gas Company , China National Petroleum Corporation , Oil Minister , West Qurna ,