By John Lee. Russian President Vladimir Putin (pictured) lobbied Iraq's prime minister on Wednesday to support Russian energy investment, according to a report from Reuters. At talks with Nouri al-Maliki in Moscow, he also called for Russia to strengthen its presence in the OPEC state. Gazprom Neft denied on Wednesday that it had frozen its […]
By John Lee. Iraq's Minister of Foreign Affairs, Hoshyar Zebari, and his Russian counterpart, Sergei Lavrov, signed a memorandum of understanding on Tuesday for political and diplomatic cooperation. Following the signing ceremony, political and technical talks between the two sides took place on ways to develop relations between Iraq and Russia as well as exchanging […]
By John Lee. Both Russia's Gazprom Neft and the Kurdistan Regional Government have denied that the company has frozen projects in Iraqi Kurdistan. "Gazprom Neft is still working on these projects. The company keeps its interest in Kurdistan," a Gazprom Neft source told Reuters. A spokesman for the KRG said Gazprom had informed the KRG […]
Iraq's oil production is on course to more than double by 2020, the International Energy Agency's Executive Director Maria van der Hoeven tells Reuters: (Source: Reuters)
Iraq’s energy sector holds the key to the country’s future prosperity and can make a major contribution to the stability and security of global energy markets, the International Energy Agency (IEA) says in a special report of the World Energy Outlook released today – the first time that the IEA has conducted a comprehensive review […]
Reuters reports that the Iraqi government has approved the exploration, development and production contract for Block 10 in the south of the country. Russia's LUKoil, which already has an interest in the giant West Qurna-2 oilfield, won the deal for the 5,500-square-kilometer Block 10 in Muthanna and Dhi Qar provinces in Iraq's 4th round energy […]
Welcoming the French Ambassador to the Kurdistan Region on Sunday, Prime Minister Nechirvan Barzani discussed the Region’s growing ties with France as well as ongoing events in the broader region. On his first official visit to Kurdistan since the arrival of the new French Consul General, Mr Alain Guépratte, Ambassador Denis Gauer announced the opening […]
On October 4, 2012, the U.S. Embassy in Baghdad, through the United States Agency for International Development (USAID), and the Prime Minister’s Advisory Commission co-hosted an economic conference to discuss a new assessment report evaluating Iraq’s economic priorities. The report was released by USAID’s provincial economic growth project, Tijara, and was commissioned by the Prime […]
Iraq’s oil refining capacity will increase by 23 percent to 760,000 barrels a day by early next year, according to Deputy Oil Minister Ahmad al-Shamaa. In an interview with Bloomberg, the Deputy Minister said that the refinery expansions, particularly of the Daura (Doura) facility in Baghdad (pictured), and the Basra plant in the south, will […]
The Iraqi Ministry of Planning has reportedly signed a technical contract with a German company to inspect imports into Iraq. The Ministry said that the aim of the contract is "to limit the importation of bad goods or expired commodities and foodstuffs". According to a report from Aswat al-Iraq, the contract was signed with the […]
The Iraqi Ministry for Trade has made no purchase in a tender for at least 50,000 tonnes of wheat, according to a report from Reuters. The tender for wheat of any origin had closed on 1st October, with offers having to stay valid until 5th October. A source at the trade ministry gave no reason […]
Tehran Times reports that Iranian President Mahmoud Ahmadinejad will visit Iraq in the near future. In an interview with the Persian service of the Mehr News Agency on Sunday, the Iranian Ambassador to Iraq, Hassan Danaiifar, also said that the commander of the Islamic Revolution Guards Corps (IRGC) Naval Force, Rear Admiral Ali Fadavi, will […]
