Iran to Supply Electricity to Northern Iraq
(Source: IRNA) IRNA, the Iranian news agency, reports that the Islamic Republic of Iran is willing to supply electricity to northern Iraq. The managing director of Kurdistan's electricity department said the Iranian electricity distribution company will supply electricity to the Iraqi national grid at the border town of Bashmag, in northern Iraq. "According to an […]
Executives Meet to Discuss Refinery Contracts
According to a report from Reuters, international oil executives will gather in Baghdad on Saturday to discuss contracts for four new oil refineries. "There are many international companies that expressed their interest to participate and to reach an agreement with the Oil Ministry," said Oil Ministry spokesman, Assim Jihad. Iraq's eight oil refineries have a […]
Gulf Keystone Warns of Delays
Gulf Keystone, the Kurdistan-focused oil explorer, has had to delay the drilling of its Shaikan-2 exploration well, after running into difficulties with its current Bijeel-1 well. Mechanical problems were encountered when testing and evaluating the lower section of Bijeel-1. This has necessitated a sidetrack and re-drill of this portion of the well to "fully evaluate […]
Weekly Security Update
National Overview The number of incidents reported nationally showed a slight decrease from 145 last week to 123 incidents this week. Marked fluctuations in incident levels have become characteristic of the security picture in 2010 as security force initiatives reach the more difficult stage of trying to uproot the foundation of insurgent groups in Iraq. […]
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As the new Iraqi parliament remained deadlocked on the formation of a new government, frustrated Iraqis took to the summer streets in protest at the government's failure to provide an adequate and reliable supply of electricity. With peak temperatures of nearly 50C (120F), and many Iraqis still getting less than six hours of electricity per […]
1,300 Houses for Port Staff in Basra
(Source: Aswat Al Iraq) Iraqis Ports Company has reached an agreement with a foreign firm to build 1,300 housing units for ports’ staff in the Basra province, in southern Iraq. “The compound will be constructed at the al-Najeebiya area, 25 km north of Basra,” a media source from the Iraqi company told Aswat al-Iraq news […]
Iraq's Oil Minister Takes on Electricity Portfolio
(Sources: Reuters, Financial Times) Reuters reports that Iraqi Oil Minister, Hussain al-Shahristani, has taken over the electricity portfolio after the electricity minister resigned over protests against power shortages in the sweltering heat of summer, the Oil Ministry spokesman said on Tuesday. Karim Waheed stepped down as electricity minister after demonstrations triggered by power cuts, claiming […]
Iraq Boosts Crude Exports
(Sources: upstreamonline.com, Bloomberg, Assoc. Press) Iraq’s oil exports increased by more than 7% in May compared to the previous month, according to Oil Ministry spokesman, Assem Jihad. Bloomberg reported Jihad said daily exports averaged 1.89 million barrels per day last month, an increase of about 7.4% from the 1.76 million bpd in April. Jihad added […]
Oil Pipelines Extended to Nassiriya
(Source: Aswat Al Iraq) Al-Ahdab Oil Company started on Tuesday extending pipelines toward al-Nassiriya and al-Zabiediya plant in north of Kut, a media official said. “The company started on Tuesday (June 22) extending pipelines toward the pumping plant in Nassiriya and the power production plant in al-Zabiediya in north of Kut,” Majed al-Attabi told Aswat […]
Government Releases Provinces’ Share of Oil Revenues
(Source: Aswat Al Iraq) Iraq’s Council of Ministers agreed on Tuesday to release the oil-producing provinces’ share of money received from oil production, according to a statement from the Iraqi government’s office. “The council agreed also on the proposals presented by the ministerial delegation of Basra regarding easing the electricity crisis in the province,” said […]
Grand Faw Port Tenders Set for 2011
A tender is to be floated by Iraq's transport ministry in the fourth quarter of 2011 for the main construction contract of the estimated $6bn Grand Faw Port in Basrah province, Meed has reported. The Grand Faw port is designed to include 7,000 metres of dock for container ships and an additional 3,500 metres of […]
Ninawa Considers Second Airport
(Source: Eye media company) Judge Hassan Mahmood, Ninawa's second deputy governor, discussed procedures for building a new airport in Sahajee district west of Mosul, with representatives of investment body, agriculture, real-estate, electricity and environment departments. The judge ordered the agriculture department to work on breaking agriculture reclamation contracts, and on completing compulsory purchase orders, which […]