By John Lee. French-based Axens -- part of the IFP Energies Nouvelles group -- has said it is pleased to continue working with JGC Corporation on the Basrah Refinery Upgrading Project. Earlier this month, Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the $4bn-project. In a statement, the company said: Part of Iraq's Ministry […]
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The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
Tags: Axens, Basra News, Basrah Refinery Upgrading Project, featured, France, IFP Energies nouvelles, JGC Corporation, mn, South Refinery Company, SRC
Iraqi PM lays Foundation Stone for $4bn Refinery Project
By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the South Refineries Company (SRC)'s new Fluid Catalytic Cracking (FCC) complex at Basrah Refinery. The project will be built by Japan's JGC Corporation, and will increase refinery capacity by 55,000 barrels per day (bpd). It will be funded by a loan from […]
Tags: Basra News, Basra Refinery, Basrah Refinery Upgrading Project, featured, Japan, Japan International Cooperation Agency, JGC Corporation, JICA, mn, South Refinery Company, SRC
Lucky Cement starts commercial production at Samawah
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh Group [al-Shumookh] […]
Tags: Al Shumookh Lucky Investments, Al-Shamookh Group, Basra News, cement, featured, Lucky Cement, pakistan, Samawa, Samawah
Netherlands, UN, providing Safe Drinking Water in Basra
Up to 960,000 people in Basra to have access to safe drinking water thanks to the Netherlands' support to UNICEF and UNDP The Netherlands has committed USD $6,41 million to support UNICEF and The United Nations Development Programme (UNDP) to ensure that almost a million residents of Basra governorate have access to safe water. This […]
Tags: Basra News, featured, mn, Netherlands, UN Development Programme (UNDP), UNICEF, United Nations (UN), Water, water treatment
Iraqi Govt authorises 4 Private Colleges
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet agreed to authorise the Ministry of Higher Education and Scientific Research to grant licences to new private colleges in Baghdad, Anbar, Basra and Al-Muthanna provinces. (Source: Govt of Iraq)
BISI and Friends of Basrah Museum to Merge
By John Lee. The British Institute for the Study of Iraq (BISI) and the Friends of Basrah Museum (FOBM) have announced that they are to merge. This follows the successful culmination of a decade-long project, championed by FOBM, to open a new museum in Basra to celebrate and conserve the heritage of southern Iraq. Under […]
Tags: Basra News, Basrah Museum, British Institute for the Study of Iraq, featured, Friends of Basrah Museum, mn
Iraq Pushes Faw Refinery Project
By Editor on 19th November 2020 in Construction & Engineering In Iraq, Investment, Iraq Oil & Gas News, Tenders
By John Lee. The Iraqi Ministry of Oil has invited international companies to participate in the competition to implement the Faw Refinery Project in Basra. The project will be offered on a BOO (Build, Own, Operate) or BOOT (Build, Own, Operate, Transfer) basis. Oil Minister Ihsan Abdul Jabbar Ismail said the refinery will be environmentally […]
New Private Jet Service from Basra Airport
AIRSADA, the private jet charter company based in Istanbul, has announced new direct flights from Basra International Airport. Flying directly to airports around the world, including cities such as London, Paris, Milan, Moscow, and Quanzhou, the new service promises to help make private jet travel more accessible for Iraqi and international clients. Commenting on the […]
New 238-km Water Pipeline to serve Basra
By John Lee. At the weekly cabinet meeting on Tuesday it was agreed that the Ministry of Planning will finance the replacement of the water channel known as Al-Bada'a canal with a 238-km water pipeline. According to a government statemet, this will help reduce water scarcity and increase access to safe drinking water in Basra. […]
Video: Protesters call for Basra Governor to Resign
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Protesters in southern Iraq have given the local governor until now to either resign or face more unrest. The rallies have been sparked by the killings of several prominent activists and people are […]
Japanese Firm Wins $4bn Iraq Project
By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]
Tags: Basra News, featured, Japan, Japan International Cooperation Agency, JGC Corporation, JICA, mn, Refineries
Construction of Major Iran-Iraq Railway "Will Begin Soon"
A senior Iraqi official said the construction work for establishing a major railway project connecting the Arab country to neighboring Iran will get underway not in the too distant future. "The railway between Iran and Iraq through the Shalamcheh link will get going soon," said Qasim al-Araji, a national security adviser to the Iraqi government, […]