Search results for "basra"

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Iraq "to launch new Basra Medium Crude"

By John Lee. Iraq's State Oil Marketing Organization (SOMO) has reportedly notified clients that it plans to launch a third crude oil export grade in January. Sources told Reuters that the 'Basra Medium' grade will be created by splitting the existing Basra Light production into two grades. Click here to read the full article. (Source: […]

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New Private Jet Service from Basra Airport

AIRSADA, the private jet charter company based in Istanbul, has announced new direct flights from Basra International Airport. Flying directly to airports around the world, including cities such as London, Paris, Milan, Moscow, and Quanzhou, the new service promises to help make private jet travel more accessible for Iraqi and international clients. Commenting on the […]

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JGC signs Contract for Basra Refinery Upgrade

By John Lee. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. The […]

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Video: Protesters call for Basra Governor to Resign

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Protesters in southern Iraq have given the local governor until now to either resign or face more unrest. The rallies have been sparked by the killings of several prominent activists and people are […]

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Plan to Build Rail Link between Basra and Iran

By John Lee. Iraqi Prime Minister Mustafa al-Kadhimi met Iran's Supreme Leader Ayatollah Ali Khamenei on his first foreign trip since taking office. Following the meeting they announced that they have agreed to "revitalise current agreements between our two countries, including the agreement to establish a rail link between Iran and the Iraqi city of […]

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New Hospital Opened in Basra

By John Lee. Dar Al-Shifa Hospital has been opened in Al-Zubair district in Basra Province. The hospital, a private-sector investment project which created 100 new jobs and cost $24 million, has a capacity of 60 beds, five operating theatres, an ophthalmology centre, a dental clinic, a maternity ward, an emergency department, laboratories and a pharmacy. […]

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