Search results for "basra"

Weekly Security Update, 12 – 18 August 2014

By Anne-Laure Barbosa at Constellis Consulting On 14 August, Nouri al-Maliki bowed to increasing domestic and international pressure, and agreed to step down as Prime Minister to endorse Haider al-Abadi in a televised speech. This endorsement paves the way for the formation of a new government, after months of parliamentary deadlock and Maliki’s stubborn insistence to […]

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Urgent Appeal to Help Refugees

British Charity Makes Urgent Appeal to Help Refugees Fleeing Islamic State A British-run charity has launched an emergency appeal to help the many hundreds of thousands of people forced from their homes by the Islamic State (IS) fighters in Iraq. The AMAR International Charitable Foundation is one of the only organisations offering help to families […]

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Etihad Reroutes Flights and Modifies Schedule

By Patrick M Schmidt. In the wake of other airlines and the American Federal Aviation Administration’s (FAA) ban for American commercial airlines, Abu Dhabi based airline, Etihad Airways, has announced that they will redirect their aircraft around Iraqi airspace. The airline has cancelled all flights to Erbil, but will maintain its current flight operations to […]

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Weekly Security Update, 29 July – 04 August 2014

By Anne-Laure Barbosa at Constellis Consulting Amid elevated levels of violence accounting for nearly 300 fatalities, the reporting period was marked by ISIS advances across the North. Militant offensives in several districts held or contested by Peshmerga forces led to fierce clashes between ISIS and Kurdish elements in Sinjar district and areas around Mosul, causing tens […]

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Southern Oil Production Figures and Forecasts

By Patrick M Schmidt. Despite the ongoing violence in the north of Iraq, the southern half of the country has remained relatively peaceful over the past few months, especially in the southern city of Basra. Crude output for southern oilfields remains at about 3.15 million barrels of oil per day. The Iraqi government estimates that […]

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LUKOIL Starts Returning Investment on West Qurna-2

A crude carrier chartered by LITASCO (LUKOIL’s international marketing and trading arm) arrived today (Wednesday) in South Iraq’s port of Basra to receive the first batch of oil as part of the recovery of LUKOIL’s costs from phase one (“Early Oil”) of the West Qurna-2 project. The vessel will spend several days in the port […]

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Could Law 21 Save Iraq?

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. Giving Provinces More Power: Could Law 21 Save Iraq? How can a country like Iraq – with its different sects, religions and ethnicities – be governed appropriately? Some are now […]

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Weekly Security Update, 15 – 21July 2014

By Anne-Laure Barbosa at Constellis Consulting Violence across Iraq’s northern and central provinces remained at a similar intensity to the previous reporting period and only Kirkuk experienced a significant increase in the number of attacks. Fatalities fell, but 318 people were killed and over 500 injured as a result of the ongoing violence. According to UN […]

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July Oil Exports to hit 2.6m bpd

By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) said on Wednesday that Iraq is currently producing oil at a rate of 3.15 million bpd, and expects exports this month to average 2.6 million bpd. Reuters quotes Luaibi as saying that the recent fighting in the north and west of the country had not […]

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Iraq Blocks Kurdistan Flights

By John Lee. Cargo flights to and from Erbil and Sulaimanya [Slemani] have reportedly been suspended. A spokesman for Emirates SkyCargo told Lloyd’s Loading List that the airline’s freighter flights to and from Erbil “have been temporarily suspended at the request of the Iraqi Civil Aviation Authority. However, Emirates [passenger] flights are operating as per […]

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