The Ministry of Oil () is a
central government
A central government is the government that is a controlling power over a unitary state. Another distinct but sovereign political entity is a federal government, which may have distinct powers at various levels of government, authorized or deleg ...
ministry of Iraq whose task is managing and developing natural resources (oil and gas).
The current Minister is Hayyan Abdul Ghani, a former director general of the South Gas Co and who was also previously the director general of
Basra Oil Co. He holds a master’s degree in mechanical engineering. He took office in October 2022.
History
In March 2025, the Ministry of Oil entered into a contract with
BP to develop four oil fields in
Kirkuk
Kirkuk (; ; ; ) is a major city in northern Iraq, serving as the capital of the Kirkuk Governorate. The city is home to a diverse population of Kurds, Iraqi Turkmen, Iraqi Turkmens and Arabs. Kirkuk sits on the ruins of the original Kirkuk Cit ...
: Avana, Baba, Bai Hassan, and Khabbaz. The deal, valued between $20–25 billion, aims to boost crude production by 150,000 barrels per day, reaching 450,000 bpd within three years. It also includes plans to expand natural gas production and reduce gas flaring by 2028.
Establishments
A number of companies, institutes, and other organisations come under the direct jurisdiction of the Ministry of Oil, such as:
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North Oil Company (NOC)
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South Oil Company (SOC)
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Petroleum Research & Development Center (PRDC)
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Baiji Oil Training Institute (BAJOTI)
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Basrah Oil Training Institute (BASOTI)
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Kirkuk Oil Training Institute (KOTI)
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Baghdad Oil Training Institute (BOTI)
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Heavy Engineering Equipments Company (HEESCO)
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South Refineries Company (SRC)
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Midland Refineries Company (MRC)
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North Refineries Company (NRC)
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Gas Filling Company (GFC)
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Midland Oil Company (MDOC)
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South Gas Company (SGC)
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North Gas Company (NGC)
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Missan Oil Company (MOC)
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Iraqi Drilling Company (IDC)
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Oil Products Distribution Company (OPDC)
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State Organization for Marketing of Oil (SOMO)
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Oil Pipelines Company (OPC)
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Iraqi Oil Tankers Company (IOTC)
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Oil Exploration Company (OEC)
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State Company for Oil Projects (SCOP)
References
External links
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Will Iraq Be a Global Gas Pump? The (Re)Making of a Petro-State Michael T. Klare, ''
The Huffington Post
''HuffPost'' (''The Huffington Post'' until 2017, itself often abbreviated as ''HPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers p ...
'', 14 July 2009
Oil
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
Economy of Iraq
Iraq
Iraq, officially the Republic of Iraq, is a country in West Asia. It is bordered by Saudi Arabia to Iraq–Saudi Arabia border, the south, Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq border, the east, the Persian Gulf and ...
Oil reserves in Iraq
{{iraq-stub