AGP Executive Report
Last update: 3 hours agoOil Exports: Iraq’s crude exports climbed to about 3.5 million barrels per day in October, up from 2.65 million in September, as shipments through Türkiye’s Ceyhan port rose to roughly 400,000 bpd. Baghdad is trucking southern crude to Kirkuk to boost northern exports. Gas Investment: Dana Gas and Crescent Petroleum raised $500 million for Pearl Petroleum, with proceeds set to refinance debt and support development of the Khor Mor and Chemchemal gas fields. The bond was 1.7 times oversubscribed. Shipping: An Iranian lawmaker said Iraq, India, China and Qatar are exempt from Tehran’s Strait of Hormuz transit restrictions, though details of any fees for Iraqi vessels were not given. Trade: Türkiye’s exports to Iraq reached $7.5 billion in January-October, making Iraq its largest export market among neighboring countries.
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