Prime Power Middle East (PPME), a wholly owned subsidiary of Prime Metro Power Holdings Corporation, has commenced operation of its power plant in Umm Qasr, Basra. The power plant started its commercial operation last Sunday, 09 February 2020, and is designed to deliver base load of 24/7 power to the Umm Qasr Ports Authority Zone. […]
Tag Archives | Basra News
The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
Tags: Basra News, Electricity In Iraq, featured, GCPI, General Company of Iraqi Ports, International Container Terminal Services Inc (ICTSI), mn, Phillipines, Prime Metro Power Holdings Corporation, Prime Power Middle East (PPME), Umm Qasr, Umm Qasr Power Plant (UQPP)
Protests Spread in Basra as Death Toll Rises
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Protests spread in oil-rich Basra as death toll rises Repeated closures of Iraq’s key Umm Qasr port and intermittently blocked internet over the past almost two months have led to […]
Iraq to Build 5 New Refineries
By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]
Tags: Al Fao, Al Faw, Basra News, Basra Refinery, Faw oil refinery, featured, Kirkuk, Kirkuk refinery, mn, Nasiriya oil refinery, Nasiriyah, Refineries, Wasit, Wasit oil refinery, Wassit
What’s Really Polluting the Shatt al-Arab?
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. What’s Really Polluting Southern Iraq’s Most Important Waterway? For years, fish and other marine life has been disappearing from the all-important Shatt al-Arab waterway in Basra. This wide river at […]
Umm Qasr Port Reopens
By John Lee. Operations have reportedly resumed at Umm Qasr port on Saturday. According to Reuters, all terminals were operating again, having been halted for nearly 10 days by protesters. (Source: Reuters)
Umm Qasr Port hit by Protests
By John Lee. Protesters have reportedly blocked the entrance to Umm Qasr port, near Basra. According to Reuters, port operations were reduced to 20 percent as workers were unable to get to work. (Source: Reuters)
ICTSI builds Umm Qasr Deep-Water Capacity
By Editor on 24th October 2019 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Transportation News
International Container Terminal Services Inc. (ICTSI) has formally inaugurated two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU. The inauguration ceremony marked both the opening for business of the two new berths, Berths 25 and […]
Tags: Basra Gateway Terminal (BGT), Basra News, featured, International Container Terminal Services Inc (ICTSI), mn, Ports, Umm Qasr, Umm Qasr Port
Cabinet Approves $25m Desalination Project
By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment […]
Daewoo Wins $86m Iraq Order
By John Lee. South Korea’s Daewoo Engineering & Construction has reportedly won an $86 million order to build a prefabrication yard for a tunnel project at the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the Khor Al-Zubair immersed tunnel prefabrication […]
Tags: Al Faw Grand Port, Basra News, Daewoo, featured, General Company of Iraqi Ports, korea, mn, Ports, Roads, South Korea
Iraq Duty Free plans First Downtown Store in Baghdad
By John Lee. Iraq Duty Free is reported to be in the process of securing approval to operate the first downtown duty free store in Iraq. The project, to be located in Baghdad, is expected to begin early next year, and open in June 2020. The company is also expanding at Basra International Airport and […]
Tags: Baghdad, Basra International Airport, Basra News, Duty Free, featured, Iraq Duty Free, Kirkuk, Kirkuk airport, mn
No End In Sight To Basra’s ‘Poisoned Water’ Crisis
By Editor on 7th October 2019 in Agriculture, Construction & Engineering In Iraq, Iraq Public Works News
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Saleem al-Wazzan. Drinking water in Basra has been found to contain a disastrous cocktail of bacteria, as well as too much salt. Although multiple causes for this are clear, […]
Two More New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Brick factory – State Company for Construction Industries Chlorine and Caustic Soda plant at Basra paper mill – State Company for Petrochemical Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)