Iraq, Kuwait Incident "Highly Unlikely" to Escalate

A Kuwaiti coast guard died following an exchange of fire with an Iraqi fishing boat in an incident that highlights the need for discussions on controlling the border, Iraqi government spokesman Ali al-Dabbagh said. Bloomberg reports that Iraq is investigating the events yesterday, which also led to the sinking of the vessel. Four Iraqis aboard […]

Iraq, Iran to Open Free Zone in Wassit

An agreement has been reached between Iraq and Iran to open a joint free market in southern Iraq’s Wassit Province, the Province’s Council Chairman said on Tuesday. “Wassit’s Council had made a big effort to reach an agreement with the Iranian side to open a joint free market between the two countries at the Zurbatiya […]

Japan to Assist Iraq's Nuclear Ambitions

Japan is ready to boost cooperation and projects in Iraq’s energy sector including rebuilding Iraqi nuclear reactor(s), Hussain Shahristani, Iraqi deputy prime minister for energy,has  told reporters. Shahristani reportedly said after his meeting with the Japanese Economy, Trade and Industry Minister, Akihiro Ohata, in Baghdad, "we discussed the issue of reconstruction of the nuclear reactor(s) […]

Iraq's Electricity Ministry to Present 2010-2030 Master Plan

The Ministry of Electricity in Baghdad, in cooperation with consulting firm Parsons Brinckerhoff (PB), will present Iraq’s Long Term Electricity Master Plan at a 2-day conference in Istanbul on 1st and 2nd February, 2011. The 2010 – 2030 Long Term Master Plan, prepared by joint teams from Parsons Brinckerhoff and the Ministry of Electricity's Planning […]

Najaf Refinery Announces $5.5m Govt Revenues for 2010

The manager of Najaf refinery has announced that the refinery’s contribution to the province’s economy exceeded 6bn Iraqi Dinars (IQD) in 2010. Laith al-Gharrawi [Laith al-Azzawi] told AKnews that the refinery refined 5.5m barrels of oil in 2010, bringing in a revenue for the province of 6.47 billion IQD ($5.5m), according to the law ratified […]

Iraq Seeks Spare Parts for Weaving Machines

Iraq's State Company for Woollen Industries, through the Ministry of Industry and Materials, has issued a tender for spare parts for Sulzer & Techmash weaving machines. Deadline for receipt of bids is 6th February. Please click here to download details.

Missan Oil Output Up Over 3m Barrels in 2010

The director of Missan Oil Company in Southern Iraq said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010. “Our Company has achieved an increase in its oil production from its oil fields of 3.215 million barrels of oil in 2010, compared with […]

Kidnap in Iraq

Four people, including three children, were kidnapped by criminals then freed by the authorities in Iraq last week. In recent months consular warnings have continued to remind foreign nationals of the risk of abduction still present in the country. With a rise in foreigners travelling to the country it may only be a matter of […]