• Emaar launches new project in Iraqi Kurdistan.
• Iraq delays bids for Karbala refinery.
• TAQA gets approval for oilfield in Iraqi Kurdistan – Abu Dhabi’s Taqa has been given the go-ahead by the the Kurdistan Regional Government (KRG) to proceed with the first phase in the development of the Atrush Block in the Kurdistan region of Iraq.
• Base Oil Group I Iranian origin prices marked up marginally
• Base Oil Group I Iranian origin cargoes prices FOB BIK remains steady
• The West Ethylene Pipeline (WEP) is being built to support Iran’s fifth five-year plan to develop petrochemicals complexes. The pipeline will supply feedstock to facilities and comprise 15 segments (listed below), running from and to various petrochemicals plants.
• Kurdistan’s Suleimaniyah light rail project to tender in 2014
Tag: Iraq Oil and Gas News
Iraq Oil and Gas Market Update Oct 2013
Oil and Gas Market Update for covering entire month of September 2013
- Iraq to exceed 2013 oil production target ‐ Al‐Shahristani confident production can reach 3.7
million barrels a day. - Iraqi Kurdistan plans new national oil company ‐ Proposals for new Kurdistan National Oil
Company to be considered by new parliament. - Iraq finalising tender of Jordan oil pipeline ‐ Tender expected to be issued in September for
estimated $10bn Jordan pipeline. - Iraq awards four drilling contracts worth nearly $350m ‐ US’ Weatherford and Chinese firms win
deal for 39 oil wells. - Iraq sets out $360bn spending plan for next five years ‐ National Development Plan sets
priorities for the Iraqi government up to 2017. - UAE developers sign deal for Iraqi housing project ‐ Scheme involves the construction of 30,000
residential units.