Search results for "basra"

ScreenHunter_2120 Oct. 06 13.04

IBBC hosts ‘Basrah: Open for Business’ Conference

IBBC hosts ‘Basrah: Open for Business’ Conference in partnership with IENA The Iraq Britain Business Council (IBBC), in partnership with the Iraq Energy Academy (IENA), held a successful conference ‘Basrah: Open for Business’ at the Shams Al Basrah Hotel on the 5th October 2015. Baroness Nicholson of Winterbourne, Executive Chairman of IBBC and UK Trade […]

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ScreenHunter_2116 Oct. 05 18.12

An Evil Plot? Basra Boycotts New Customs Tax

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An Evil Plot? Iraq’s Most Industry-Savvy Province Refuses to Impose Baghdad’s New Customs Tax A new customs tax came into effect in August. But in Basra, one of Iraq’s busiest […]

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Unaoil, Basrah Gas Company (BGC)

Basra Gas Company Wins Flaring Reduction Award

The Basrah Gas Company (BGC) has recently been awarded the World Bank’s prestigious Global Gas Flaring Reduction Partnership (GGFR) Excellence Award for 2015. The GGFR Excellence Award recognises governments, oil companies and other organisations that have made a significant contribution to gas flaring reduction in the upstream sector of the industry through associated gas utilisation […]

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LC Waikiki Open New Basra Outlet

By Robert Tollast. LC Waikiki, the Turkish fashion corporation with outlets in 27 countries, has opened a new store at the new Basra Times Square shopping mall in the southern Iraqi city. The announcement was made on the company’s website, and will be the third outlet in Iraq after store openings in Baghdad and Erbil. A […]

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Basra Oil Terminal (ABOT) 650x416

High October Target for Basra Exports

By Simon Kent. Iraq is planning a 26% rise in exports of Basra Light and Basra Heavy grades of oil, according to data seen by Bloomberg.  The targets are 55 cargoes of Basra Light and 26 cargoes of Basra Heavy respectively. This would mean an increase from 90.5 million barrels exported in September, up to 114 […]

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G4S Win $187 Million Basra Contract

By Simon Kent. G4S Risk Management has announced that it has won a new contract to provide security services to Basra Gas Company (BGC) for three years commencing January 2016 with a total contract value of $187 million. The exercise of a two-year extension option would bring the total value to $270 million. BGC operates […]

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ScreenHunter_1962 Aug. 21 10.50

Japan Considers Water Projects in Basra

By John Lee. On Thursday the Prime Minister Dr. Haider Al-Abadi held a meeting in his office with the Japan International Cooperation Agency (JICA) to discuss projects to provide drinking water to the province of Basra. During the meeting, there was a follow-up on the water desalination project in al-Hartha in Basra. Dr. Abadi stressed […]

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