Turkish Energy & Natural Resources Minister Taner Yildiz said on Tuesday that a new agreement would be signed with Iraq soon about the Kirkuk-Yumurtalik crude oil pipeline. Speaking to reporters in Ankara, Yildiz said that talks were underway with Iraqi government and Iraqi Petroleum Ministry about the pipeline, and a new agreement would be signed […]
Staff of the South Refineries Company in three southern Iraqi provinces were due to launch a sit-in on Wednesday (March 24) demanding the dismissal of the refinery’s administration and to release their revenues of previous years. “The sit-in will be conducted at the three provinces of Basra, Missan, and Thi-Qar,” a union source told Aswat […]
Iraq exported 57.9 million barrels of crude oil in February 2010 at an oil price of $73 a barrel, the Iraqi Ministry of Oil said on Tuesday. “Iraq has made $4.229 billion U.S. dollars in revenues,” according to a ministry statement received by Aswat al-Iraq news agency. A total of 45.2 million barrels have been […]
Aveva Group plc today announced that State Industrial Design and Consultation Company (SIDCCO), one of the largest EPC contractors in Iraq, selected Aveva Plant solutions for ongoing and future projects in Iraq.
The Iraqi Electricity Ministry has been able to produce lighting columns at competitive pricing. “The prices of produced columns are greatly reduced in comparison to those on the local market,” a media source from the Ministry told Aswat al-Iraq news agency. He said that the pillars were produced by the Ministry’s own efforts. ( Aswat […]
The Najaf 3rd International Book Fair, that ended on Sunday (March 21) evening, witnessed 100,000 visitors per day. “The fair was open for 10 days,” Ali Jihad Hassani, a source from the fair, told Aswat al-Iraq news agency on Monday. He said that all books that were exhibited in the fair had been sold. ( […]
Sales went up by the CBI of the dollar in the auction for the sale of currencies, on Thursday, to reach a maximum of $251 million versus $181 million during the previous session. The bulletin issued by the CBI , that “the total volume of demand for the dollar stood at 251 million and 565 […]
Mosul’s traffic jams are to be reduced with the construction of a new bridge in the city, costing a total of ID30 billion ($25m). Ninewa’s Governor, Athele al-Nujaifi, told Aswat al-Iraq news agency that a specialised local firm will execute the project.
The Iraqi Ministry of Finance has allocated 25 billion Iraqi dinars (about $20m) for the second stage of a road project linking Diwaniya to Samawa, according to Aswat Al Iraq. During its session on 29th Dec 2009, the Iraqi cabinet agreed to earmark ID61 billion (about $51m) for the project, which is being carried out […]
Aswat Al Iraq quotes a senior local official as saying that a Kuwaiti company is keen to invest in Karbala province. “A delegation from Kuwaiti Bukhamseen Holding paid a visit on Monday to the Karbala council, where it expressed desire to implement projects in the province,” Engineer Zuhair al-Karieti told Aswat al-Iraq news agency. “The […]
PetroChina will be targeting Iraq and Iran and is looking to focus on five projects — the Ahdab, Rumaila and Halfaya oilfields in Iraq, and the North Azadegan and Masjed-i-Suleiman fields in Iran.
Democratic elections normally lead to stability and a smooth transfer of power. But not in Iraq. The results of the latest elections may lead to violence and instability in a country torn by wars and civil strife. The President Jalal Talabani and Prime Minister Noor al-Maliki both dispute the results and have called for a […]