Author Archive | Editor

Increased Exports of LPG from Iraq

By John Lee. In its third-quarter results, Epic Gas says that increased LPG production at the Basrah Gas LPG plant has resulted in surplus tonnes available for export. The company said that it has recently noticed a growing number of pressure cargoes coming out from Iraq, and it expects to see this trend continue. (Source: Epic […]

Electro-Voice supplies Sound System for Karbala Stadium

By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]

What's really behind Iraq's new Alcohol Ban?

By Saad Salloum for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News.  The Iraqi parliament's surprise decision to ban alcohol is raising challenges from many quarters, both for the law's content and the way it was passed. Some critics also say politicians […]

Germany ups Reconstruction Assistance to 41m Euros

The Iraqi military forces and the Counter‑ISIL Coalition are driving Islamic State in Iraq further and further back. The people there urgently need help to overcome the impact of destruction and terrorism and enable internal refugees to return to their homes. The German Federal Foreign Office has significantly extended its engagement and is providing assistance […]

UNDP Provides Water, Electricity for over 100,000 Refugees

UNDP helps to ensure access to safe water and reliable electricity for over 100,000 people in the Governorate of Erbil The United Nations Development Programme (UNDP) and the Governorate of Erbil have signed two agreements to rehabilitate key infrastructure in areas hosting thousands of displaced people, including large numbers who have fled from Mosul. With […]

Fleeing IS Forces Fired Toxic Chemicals

Forces of the Islamic State (also known as IS, ISIS, ISIL, Daesh) have launched at least three chemical attacks on the Iraqi town of Qayyarah, according to Human Rights Watch (HRW). The use of toxic chemicals as a means of warfare is a serious threat to civilians and combatants in and around the embattled city […]

New Oil Bidding Round Postponed to Mid-2017

By John Lee. The Ministry of Oil is to postpone a bidding round for 12 small- and medium-sized oil fields, following criticism of the plans by experts including IBN Expert Blogger Ahmed Mousa Jiyad. In a statement, the Ministry's Petroleum Contracts and Licensing Directorate (PCLD) said: "Following to the previous Ministry of Oil Announcement dated […]

Gas Plus Khalakan (GPK) spuds Shewashan-4 Well

Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include; Shewashan-4 Spud: The […]

Iraqi Troops Force Defensive Choices for ISIL

Iraqi security forces continue to apply pressure on multiple fronts in the operation to retake the country’s second-largest city of Mosul from Islamic State of Iraq and the Levant terrorists, Pentagon Press Secretary Peter Cook told reporters today. “The advances so far are forcing ISIL to choose where they want to try and defend the […]

Coalition Targets ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and remotely […]

IBBC Announces Changes to Leadership Team

The Iraq Britain Business Council (IBBC) has today announced changes to its leadership team. Former IBBC Executive Chairman Baroness Nicholson of Winterbourne is now President of the 54-member organisation. Baroness Nicholson also serves as the Prime Minister’s Trade Envoy to Iraq, Azerbaijan and Turkmenistan. Replacing Baroness Nicholson as Chairman is Mr Mohammed Charchafchi, Chairman and […]