Archive | 12th June 2012

New Kurdistan-Turkey Pipeline could be Game-Changer

A plan to construct a new oil pipeline, with a capacity of 1 million barrels per day, between Iraqi Kurdistan and Turkey has drawn positive responses from many in the oil industry, according to a report from Investors Chronicle. Paul Atherton, finance chief of Heritage Resources, said: "This is an excellent opportunity for Heritage to […]

Iraq and Jordan sign Energy Agreement

According to a report from AKnews, Iraq's Council of Ministers has agreed to authorize the Minister of Oil to sign a memorandum of understanding with the Ministry of Energy and Mineral Resources in Jordan in the areas of oil and energy. The five-year agreement includes the construction of a pipeline to transport crude oil and […]

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Iran Starts Electricity Exports to Iraq

Aswat al-Iraq has reported that a new Iranian electricity supply line has started operations, carrying 100 MW of electricity from Iran. The new line is aimed at meeting the 550 MW of power required by Wasit province. The province currently only receives less than 150 MW from Iraq’s national grid, and consequently suffers from regular […]

Iraq Receives 31,000 Tons of Uruguayan Rice

AKnews reports that Iraq has received 31,000 tons of Uruguayan rice. Three Canadian ships "loaded with wheat" (sic) arrived at Iraqi ports as part of the country’s efforts to strengthen the food supply program on which 60 percent of Iraqis rely. The ministry started transferring the cargo that arrived through the port of Umm Qasr […]

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Exactly How Many MPs Are Ready to Vote Out Maliki?

The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]