By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for February of 95,940,404 barrels, giving an average for the month of 3.426 million barrels per day (bpd), a slight decrease from the 3.490 bpd exported in January. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]
By John Lee. The United Nations has advertised new positions in Iraq: Security Manager, Heartland Alliance for Human Needs Security Officer, Heartland Alliance for Human Needs Deputy Country Director - Support Services, Mines Advisory Group (MAG) Project Compliance Officer, UNOPS - United Nations Office for Project Services Project Support Officer, International Business and Technical Consultants, […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Project Manager for Tech for Food, UNAMI Project Assistant for Tech for Food, UNAMI Programme Policy Officer (Cash Based Transfers), UNAMI Protection Associate (Legal), UNAMI Project Manager (Tech for Food) CST, UNAMI Monitoring, Evaluation, Accountability and Learning Manager, Terre des hommes Logistician […]
By John Lee. The National Investment Commission (NIC) has announced five new investment opportunities in Iraq: Rehabilitation and Operation of Basrah Salt Plant Investment Opportunity in Rubber Industries Investment Opportunity in Cement Sector Rehabilitation of Aluminum Plant/ Ur State Company Rehabilitation and Modernization of Bentonite Activation Plant (Source: National Investment Commission)
By John Lee. Iraq's Oil Ministry has signed a a memorandum of cooperation with the Kuwait-based company Al-Arfaj, with a view to capturing and using associated gas from Iraq's oil fields. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ending gas flaring and using the gas for petrochemical production was a priority for the Ministry. According […]
By John Lee. Daily Sabah reports that Iraq has extended its ban on international flights to Iraqi Kurdistan by three months. The Iraq Civil Aviation Authority (ICAA) reportedly told Erbil International Airport (EIA) that the ban on international flights to and from Erbil and Sulaymaniyah airports has been extended to the end of May. (Source: […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for January of 108,190,068 barrels, giving an average for the month of 3.490 million barrels per day (bpd), a slight decrease from the 3.535 bpd exported in December. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]
By John Lee. Platts reports that the final details of Iraq's latest oilfield licensing round will not be completed by the planned date of July, due to the upcoming elections. Abdul Mahdy Al-Ameedi, Director General of the Oil Ministry's Petroleum Contracts and Licensing Directorate (PCLD) told the CWC Iraq Petroleum Conference in Berlin: "The timing […]
The Iraqi Council of Ministers has reportedly set the 22nd December 2018 as the date for the provincial elections to be held in Iraq. Previously, the provincial elections were scheduled for before the national elections; however, the fight against the IS as well as the ongoing displacement crisis prevented these from being held earlier. The […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is hoping to lure international investors to help develop its oil and gas industry. With victory declared over fighters from Islamic State of Iraq and the Levant (ISIL, also known as ISIS), […]
By John Lee. A plan to export Iraqi crude oil by truck to Iran has reportedly been postponed due to security concerns. Under the oil-swap agreement, Iraq was to export 60,000 bpd of crude oil by truck from Kirkuk to Iran’s Kermanshah refinery (pictured), and ship back refined Iranian oil for southern Iraq. Hamid Hosseini, […]
By John Lee. A new report for the Atlantic Council argues that gas, being less politically fraught than oil, has the potential to serve as a key area of cooperation between Baghdad and Erbil and could help improve the reliability of electricity supply. In Shaping Iraq's Oil and Gas Future, Ellen Scholl recommends that: Baghdad […]
