By John Lee. The Kurdistan Regional Government's Minister for Natural Resources, Ashti Hawrami (pictured), has announced that the Kurdish region will be self-sufficient in oil products next year. He expects an increase in Kurdistan refinery's production from 40,000 to 100,000 barrels per day, resulting in a surplus of oil products. Hawrami also disclosed that there […]
By John Lee. Iraqi Oil Ministry spokesman Asim Jihad has told Aswat al-Iraq that Korea’s state-run Korea Gas Corporation (KOGAS) will soon begin work on the first stage of a new pipeline linking Kirkuk to Beiji [Bayji, Baiji]. According to the report, the $128-million project will bring dry and liquid gas from Kirkuk to Beiji, and […]
By John Lee. The Times of India reports that dozens of Indian nurses have travelled to Iraq in recent days to plug a shortfall in its hospitals and healthcare facilities. Baghdad's Medical City hospital welcomed 35 Indian nurses, while another 31 arrived to work in Diwaniya. Information on hirings in other provinces was not available. […]
By Mustafa Habib. 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. Finally it looks like things are moving on for Iraq's provincial elections. A new management body has been elected and dates set. But there are still […]
By John Lee. Shares in Sterling Energy were up more than 1% in early trading on Monday, following the publication of the company's interim management statement. Sterling made the following statement on operations in Iraqi Kurdistan: "The Company completed the acquisition of 117 km of 2D seismic data in the Sangaw North block in south […]
By John Lee. Reuters reports that bad weather has halted oil exports from Iraq's southern oilfields, with rough seas preventing tankers reaching port. The stoppage may continue through Tuesday, Iraqi oil port sources said on Sunday. "Because of bad weather oil exports have been completely stopped... Tankers cannot reach port because of rough seas and […]
By John Lee. Baghdad Provincial Council and the National Investment Commission (NIC) plan to build four new housing complexes in Baghdad by 2013. Intended for people on low income, the houses will be built in the districts of Rashid, Dihna, Basmaya and Mahmudiya. Bushra Abdul Amir, Deputy Chairman of the Administrative Committee at Baghdad PC, […]
By John Lee. Iraq's Commission on Integrity reports that Prime Minister Nouri al-Maliki and two of his three deputy prime ministers have presented their financial disclosure statements to the Commission. The commission reports that Rowsh N Shaways and Hussain al-Sharistani are the two deputy PMs who have submitted their documents, implying that Salih al-Mutlaq has […]
