Iraq Muddies Oil Plans with OPEC Quota Talk
In Vienna for an OPEC meeting last week, Shahristani said Baghdad would participate in OPEC agreements to curb oil supply when output reached 4 million bpd, some 8 million bpd short of Iraq's envisaged target.
Malaysian-Japanese Consortium Embarks on Developing Gharraf Oilfield
“The Japanese-Malaysian consortium started initial works to upgrade al-Gharraf oilfield, north of al-Nasseriya,” Kareem Yasser Hashem, the director of oilfields in Thi-Qar said.
Kirkuk Emergency Meeting with US
The Kirkuk council has held an emergency meeting with the U.S. forces and the local reconstruction center to discuss joint projects, a local media source said on Sunday. “The meeting tackled joint projects that could be carried out by the U.S. forces and the Kirkuk Reconstruction Center to improve the city’s services …,” the source […]
Wool Exported to Iran
Local wool has been exported to Iran through the Abu Falous Port in Basra province, the public relations and media director at the State Company for Iraqi Ports said on Sunday. “The Iranian ship Rahmat has landed at Abu Falous Port to transport Iraqi wool to Iran,” Anmar al-Safit told Aswat al-Iraq news agency. ( […]
Iraq to Build 1 Million Housing Units
The government has decided to build 1 million new housing units as part of its 2010-2014 development plan, government spokesman Ali al-Dabagh said. Dabagh said the government hoped the project will ease the current housing crisis when completed. He said flats will be sold to the public at affordable prices and in easy-to-pay installments. He […]
Asiacell to Change Currency
As part of its ongoing commitment to the development of the Iraqi economy, and its aim to advance the financial situation in Iraq, Asiacell, the largest private Iraqi company, has announced plans to change the currency it uses from US dollars (USD) to the Iraqi dinar (IQD). Asiacell's decision to implement this currency switch is […]
Ban on Potato Seed Imports
Iraq’s Ministry of Agriculture has banned the import of potato seeds and called for people to rely on local products. Potatoes will be subject to examination by an an ad hoc ministerial committee, according to a Ministry release on Sunday. “The decision was taken after an important meeting held by the Under Secretary of Agriculture […]
Iraqi Airways seeks speeding up Boeing delivery
Iraq's Transport Minister said that the ministry is trying to accelerate the delivery of 55 new aircraft from Boeing as the country expands operations of its state-controlled Iraqi Airways.
Outrage in Basra as Kuwait drills cross-border deposits
A Kuwaiti project to drill an oil deposit shared with Iraq has sparked outrage in Iraq's southern oil province of Basra.
Two New Desalination Plants at Basra Ports
Two contracts were signed on Wednesday with a local company to establish desalination plants in Umm Qasr and Khour al-Zubeir ports
Workers strike and demonstrate in Basra
Last week as many as 700 workers at the 150,000 barrel per day refinery 16 kilometers west of Basra held a three-hour strike.
Million housing units to be built in Iraq
“The cabinet decided to double the number of housing units to one million after 100 specialized foreign companies had expressed their willingness to invest in the (housing) sector,” Sami al-Araji told Aswat al-Iraq news agency.