Shell to Boost Iraq Majnoon Oil Output, Eyes Gas
Iraq's Majnoon oilfield is targeting production of 175,000 barrels of oil equivalent per day in 2012, a senior Royal Dutch Shell executive said on Monday.
Iraq’s Oil Output Targets 'impossible'
"Iraq has been struggling to meet 2 million b/d for years," says Majid Jafar, executive director at Crescent Petroleum. "Now in the run-up to the elections, the government has been proposing a 12 million b/d target, which is ludicrous.
Lufthansa to Resume Flights to Iraq in April
Lufthansa is resuming flights to Iraq on 25 April 2010 with services from Frankfurt to the city of Erbil in Northern Iraq and will run four flights per week on this new route.
1st Stage of Project to Build Quays at Basra Port Completed
Work on the project has reached 59% completion,” said Anmar al-Safi.
French Company to Finish Dock-4 in Umm Qasr Port
The installation air compressors at the shipyard of the Iraqi Ports Company in Basra has been completed.
Ministry of Oil Demands Importing Companies, to Declare Payments… Again
Ministry of oil reiterated requests for importing companies of Iraqi crude oil to announce the size and numbers of payments to the country
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 […]