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Basra oil

Iraq's terms deter oil, gas explorers at auction

Iraq Basra oil exports restored to 2.37 million barrels per day

Exports from Basra offshore terminals, Iraq's main oil hub, tend to fluctuate widely because of weather or technical problems.

June 6, 2012 7:22
 
Letting go—Big oil companies may have to give up Iraq gas

Letting go—Big oil companies may have to give up Iraq gas

Dry gas would be valued at around $5.78/mmbtu at current prices; 4 million tonne/year LNG export plant possible in seven years; Oil ministry may prevent rival bids to limit gas supplies

August 29, 2011 5:04