Page 13 - MEOG Week 47 2022
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MEOG                                        NEWS IN BRIEF                                             MEOG


























       year, Mohsen said, “The average price this   information on this subject is published in the   Iraq’s House of Representatives revealed
       year has reached $97 a barrel, which is a   reports issued by the Transparency Initiative   the possibility of exporting gas from the
       good price. According to experts’ estimates,   for Strategic Industries in Iraq, which can be   Karbala refinery, while indicating that the
       next year’s prices will be between $85-95 and   viewed by everyone.”     Karbala refinery will provide about 60% of the
       maybe less than $5-7 as a minimum.”    And she continued, “The port of Khor   imported quantities.
       INA                                 Al-Zubair is a port dedicated to goods and the   The deputy head of the committee, Ali
                                           export and import of oil products, and it is not  al-Mashkour, told the Iraqi News Agency
       Somo denies reports of oil          equipped with any equipment or pipelines for   (INA): “Self-sufficiency in gas will only be
                                           exporting crude oil.”
                                                                                achieved with the presence of major projects
       smuggling from Zubair port          mentioned in the misleading report are   after launching a licensing round to produce
                                              And it indicated that “all the tankers
                                                                                the required quantities instead of importing
       Iraq’s state oil marketer Somo denied this   tankers officially contracted to transport black   them.”
       week that oil has been smuggled from Khor   oil to the floating reservoir in Khor Abdullah   Al-Mashkoor added: “The quantities
       Al-Zubair.                          and at successive periods to be exported   that are imported from Iran, Qatar, or even
         The company said, in a statement received   from there under official contracts with solid   from other countries can be easily covered
       by the Iraqi News Agency (INA), that “one   international companies, and the quantities   by operating some existing factories or
       of the social media platforms published   loaded on them are subject to conformity   refineries.”
       misleading and incorrect information   with high transparency by the concerned   He pointed out that “the Karbala
       regarding the existence of cases of smuggling   authorities.” According to the statement.  refinery has operated at its full capacity,
       of Iraqi crude oil from the port of Khor   And she stressed that “the Oil Marketing   and will provide approximately 40-60% of
       Al-Zubair by foreign tankers with the   Company holds the party that published   the imported quantities, and finding such
       participation of the Oil Marketing Company.”  the report responsible for misleading public   solutions will go in Iraq to finding sufficient
         She added: “The Oil Marketing Company   opinion and reserves its legal right to sue   quantities that make us need to import, but it
       is legally responsible for exporting Iraqi crude   them for that.”       is possible to achieve surplus quantities that
       oil, and this process takes place under solid   INA                      we export.”
       contracts with major international companies,                              The Karbala refinery started production
       and the exported quantities are loaded into                              last month in an official and popular presence,
       tankers through official ports.”    GAS                                  and the director of the Karbala refinery,
         She indicated that “the quantities exported,                           Muhammad Fazaa, had confirmed earlier that
       pumped to ports and received by foreign   Iraq discussing export of      the daily liquidation operations would reach
       companies are matched by all concerned                                   up to 140,000 barrels, and he clarified the
       authorities and under the supervision of a   gas from Karbala refinery   planned daily production volume of gasoline.
       specialized international company (a third                               INA
       examiner) with high transparency. Detailed   Last week, the Oil and Gas Committee in























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