A Week of Contrasts in Iraq

Security incidents earlier this week at two sites in Southern Iraq have caused concern among oil companies and workers, and have prompted one company to issued force majeure notices to its customers.

As a result of the disruption in the area, the Iraq Future Energy conference, scheduled to take place in Basra later this month, has had to be postponed — we’ll have more information on that later today.

These unfortunate events contrast starkly with the rest of our news this week, which includes reports of a new $11-billion petrochemical plant, new pipeline deals with Turkey, ‘Big Oil’ spending $25 billion in Iraq next year, an oil find in Iraqi Kurdistan, and shares in a Iraq-focused oil company hitting a new high. We are also pleased to show an excellent new film from Shell on its de-mining operation at Majnoon.

Away from the energy sector, we have details of opportunities to develop post offices throughout Iraq.

As always, you get the full story at Iraq Business News.

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