BAGHDAD: Iraq is being forced to limit its oil exports due to extensive delays in maintaining and upgrading outdated infrastructure in Basra.
As the country tries to sustain near-record export levels, some pipelines simply cannot handle the pressure and have begun leaking. Iraq Oil Report has directly observed the resulting oil slicks in the Basra Gulf, which are also visible via satellite imagery.
The Canadian Department of Foreign Affairs, Trade and Development (DFATD) has contributed CAD 20 million ($15 million) in support of...
The International Energy Agency (IEA) has warned that Iraq is a “potentially vulnerable” energy supplier. In its Oil Market Report,...
The Trump administration has reportedly threatened to block Iraq’s access to its funds in the Federal Reserve Bank of New...
Iraq has paid back more than $20 billion in foreign debt, the head of the parliamentary finance committee Haitham Al-Jubouri...
