- Iraq requires the Kirkuk–Ceyhan pipeline to Türkiye and the Basra-Aqaba oil pipeline to ensure alternative export routes, relying on southern Gulf terminals.
- Oil majors, including TotalEnergies and ExxonMobil, are committing billions to projects in Basra and Kirkuk due to economic crises in Iraq.
The Iraq Petroleum Company, built in the 1950s, is involved in pipeline projects connecting Basra oilfields to Baniyas, with exploration underway for a revival of the route to Kirkuk.
1 report, 1 independent
Updated Sep 14
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What happened
The Iraq Petroleum Company, built in the 1950s, is involved in pipeline projects connecting Basra oilfields to Baniyas, with exploration underway for a revival of the route to Kirkuk.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Iraq
sovereign state in Western Asia
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Basra
capital of Basra Governorate, in southern Iraq
Nothing else this week.
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Kirkuk
city in Iraq
Related events
- A pipeline cooperation agreement was signed between Iraq and Syria to connect Iraqi oil fields to the Syrian coast.
- Iraq is strategically developing its oil and gas sectors.
- Iran-aligned groups and Houthi allies targeted Saudi petroleum targets, with attacks launched from Iraq and US diplomatic talks underway.
- North Oil Company operates oil fields in Kirkuk, northern Iraq, supplying domestic consumption.