Tag Archives | Khor Al-Zubair

BIOGH Masterplan Receives Planning Approval

BIOGH has announced that the Masterplan for the Basra International Oil and Gas Free Zone has been formally approved by the Consulting Bureau of the College of Engineering at the University of Basra, and by the Iraq General Commission for Free Zones. This planning approvals milestone represents an ongoing successful collaboration, notably with the efforts […]

Iraq Set to Expand Free Trade Zones

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq, with its privileged geographical location, plans to improve the performance of its three free-trade zones. It also intends to establish new free-trade zones as part of efforts to diversify its […]

Turkish Firm to Invest $700m in Steel Plant

By John Lee. The Ministry of Industry and Minerals has signed an 18-year contract with a Turkish company to run iron and steel plant in Basra. According to Steel Network, $700 million will be invested to bring production capacity to 1 million tonnes per year. Work at the plant, located in the Khor Al-Zubair, is […]

Power Generation Vessel Arrives in Basra

The Iraqi Ports Administration announced today that a power generation vessel arrived at Khor al-Zubair port last week. Aswat al-Iraq reports that the Turkish vessel will supply the national electrical grid with 110 megawatts of power. This is the third electricity generation vessel to arrive in Basra province. Two vessels are already working in Umm […]

Swiss Company Reveals Oil Storage Plans in Basra

Dome International has met the chairman of Basra Investment Commission (BIC) to discuss the possibility of constructing warehouses for oil derivatives in Basra. The director of the company, Amen Jaffer, said, “the preliminary study of the project includes the construction of oil warehouses near Khor Al-Zubair port on an area of 40 acres with an […]

Private Shipping Strike Continues in Iraq

A shipping agent in Basra said on Sunday that private sector shipping companies   continued to strike for the sixth consecutive day in Khor Al-Zubair and Umm Qasr ports. A spokesman in Basra told AKnews that “our demands are focused on activating Law of 51 that the Iraqi Ministry of Transport refrains from its implementation, though […]