Iran could Supply Gas to Kuwait via Iraq
By John Lee. The managing director of the National Iranian Gas Company (NIGC) has said it is possible for Iran to export natural gas to Kuwait through Iraq. Hamid Reza Araqi was quoted as saying that the pipeline which is being built to export gas to Iraq could be used for this purpose also. Iran […]
$7.4bn Investment Offer for Grand Faw Port
By John Lee. Iraq's Transport Minister has said that companies from the UAE, Iran, Turkey and China have offered to invest $7.4 billion dollars (8.6 trillion Iraqi dinars) for the development of the Grand Faw (Grand Fao) port project. Baqir Al Zubeidi told al-Forat news agency that the investment would cover the construction of quays […]
New Immunization Campaign Targets 5.8m Children
Keeping Iraq “polio free”: New immunization campaign targets 5.8 million children A five day nationwide polio immunization campaign targeting 5.8 million children under five years of age in Iraq will commence Sunday 12 April and will be marked by launch events on 12 April in Baghdad, organized by the Ministry of Health Iraq, and on […]
Yazidis Wary amid Stalled Sinjar Offensive
By Shelly Kittleson for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The road to the front line runs close to the Syrian border, through Yazidi towns once occupied by the Islamic State (IS) and bombarded by airstrikes. Peshmerga fighters allied with various other […]
New Communications Service for Oil Cos
By John Lee. O3b Networks announced a multi-year agreement to provide trunking services to UAE-based Meosat, an internet service provider to the oil and gas industry. The new capacity is intended to serve oil industry clients in southern Iraq. (Source: Telecompaper)
New Prices for Iraqi Oil, but Basra Heavy 'Delayed'
By John Lee. Iraq’s State Oil Marketing Organisation (SOMO) has adjusted its official selling prices for its Basra and Kirkuk crude oil for May. It has also issued separate prices for its new Basra Heavy grade, giving a significant discount to the more desireable Basra Light, but Reuters cites industry sources as saying that shipments […]
NIC Invites Bids for Renewable Energy Plants
By John Lee. Iraq's Ministry of Electricity, in coordination with the National Investment Commission (NIC), have announced an investment opportunity to construct three solar power stations and one wind power station. The plants will capacity of between 5 and 10 MW, and be situated in Diwaniya, Najaf and Missan (Maysan) provinces: Diwaniya: A solar power […]
Blackwater Guards Jailed for Iraq Deaths
By John Lee. Four former Blackwater guards have been given long prison sentences over the killing of 14 Iraqi civilians in Baghdad's Nisoor Square in 2007. Nicholas Slatten received a life sentence for first-degree murder, while Paul Slough, Evan Liberty and Dustin Heard were all sentenced to 30 years on multiple counts of manslaughter, attempted […]
UNESCO Condemns Destruction of Nimrud
The United Nations agency mandated with protecting heritage sites worldwide today denounced further destruction at the archaeological site of Nimrud in Iraq, calling the deliberate damage of culture a "war crime" and pledging to do everything possible to fight it. "I condemn this mad, destructive act that accentuates the horror of the situation. It confirms […]
Shell Staff Raise Money for AMAR
Shell Iraq staff dug deep into their own pockets to raise money for the AMAR International Charitable Foundation. They collected almost £10,000 ($14,700), which Shell management generously agreed to double. The photo from Khanke IDP camp near Dohuk today show AMAR staff distributing essential supplies for babies and young children which were bought with some […]
Video: Diyala Residents fear Shia Militias
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Diyala province is on the border with Iran, and Iranian influence is evident. The Popular Mobilization Force and Shia militias are the real power here. Some analysts fear that the victory over ISIL […]
Call to Investigate Threats Against Reuters Chief
The Committee to Protect Journalists (CPJ) has called on Iraqi authorities to investigate death threats against Reuters' bureau chief in Baghdad and ensure that journalists are able to work in Iraq without fear of reprisal. Ned Parker was forced to flee Iraq following death threats, Reuters reported on Saturday. "Threats aimed at silencing journalists, no […]