79 Days
Source:
الاقتصادية
Source: الاقتصادية
79 Daysالاقتصادية
Source: الاقتصادية
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The Iraqi government plans to increase oil exports via the Turkish port of Ceyhan to 750,000 barrels per day, by transporting oil from southern fields using basin trucks. In addition, they aim to bolster exports from the southern ports, which currently exceed two million barrels per day. This move is intended to compensate for the decrease caused by the closure of the Strait of Hormuz and is supported by plans to lay new pipelines from Basra to Ceyhan and Baniyas, with the goal of increasing revenues from oil and gas, and making greater use of associated gas instead of burning it. Iraq is also working on infrastructure development projects for the oil sector, including the opening of a gas treatment plant at the Fayhaa field and expanding the gas processing project at the Artaoui field in Basra to achieve higher production targets.
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