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Basra Oil Company NEWS

MRPL receives first cargo of Iraqi Basra Crude
July 4, 2018
Source: Economic Times

MRPL receives first cargo of Iraqi Basra Crude

If sources were to be believed, Mangalore Refinery and Petrochemicals Ltd (MRPL) in India bought its first supply of Basra heavy crude from Royal Dutch Shell, through a tender released by the oil major. The delivery of a million barrel of oil is scheduled in September of this year. MRPL might blend the Basra crude with the lighter grades to make the refinery process simpler.

New deal signed between Lukoil and Basra Oil for West Qurna-2 field
May 12, 2018
Source: World Oil

New deal signed between Lukoil and Basra Oil for West Qurna-2 field

In a new deal signed between Lukoil and the Basra Oil Company for West Qurna-2 field shall provide for an oil production plateau of 800,000 bpd. The plan observes that the oil production of 480,000 bpd will be reached in 2020 and 800,000 bpd is expected in 2025.

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