Tag Archives | cg

NGC updates on Gas Production in Kirkuk

By John Lee. The Deputy Minister of Oil for Gas Affairs, Mr. Ezzat Saber Ismail, announced that North Gas Company's investment in associated gas has reached 410 million standard cubic feet (MMSCF). During his field supervision of scheduled maintenance at the NGC facilities in Kirkuk, Mr. Ismail said the company is producing around 410 MMSCF […]

BOC opens New Fuel Depot at West Qurna 1

By John Lee. Basra Oil Company (BOC) has opened the first phase of a new fuel depot at the West Qurna 1 field. The depot, with a storage capacity of 800,000 liters, was opened by Mr. Asaad Aboud, Director of the West Qurna 1 Field Operations. Mr. Aboud explained that the current storage capacity of […]

Progress on Restructuring of State-Owned Companies

By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for Restructuring State-Owned Public Companies on Sunday, to assess the restructuring of state-owned public companies. The meeting was attended by key ministers from departments such as Oil, Electricity, Transportation, Trade, Construction Housing Municipalities and Public Works, Agriculture, Water Resources, and […]

China's Geo-Jade meets with Iraqi Ministry of Oil

By John Lee. The Deputy Minister of Oil for Extraction, Mr. Bassem Mohammed Khudair, met with Mr. Fan Jianbang, CEO of the Chinese company Geo-Jade Petroleum, along with his accompanying delegation, on Sunday. Discussions focused on the development of the Naft Khana oil field in Diyala Province, operated by Geo-Jade on behalf of the Midland […]

Russia offers Scholarships to Iraqis

By John Lee. The Iraqi Ministry of Higher Education and Scientific Research has announced 260 scholarships provided by the Russian Federation for the 2025/2026 academic year. The scholarships cover a range of disciplines for undergraduate, master's, and Ph.D. levels, available to both employees and non-employees. Applications are open until Sunday, December 15, 2024, with specific […]

Foundation Stone laid for Wasit Oil Authority Building

By John Lee. Iraq's State Company for Oil Projects (SCOP) has laid the foundation stone for the Wasit Oil Authority building, a project aimed at enhancing administrative and organizational performance within the Midland [Middle] Oil Company. The project spans 6 dunams (approximately 15,000 square meters) and includes a three-story building covering 1,100 square meters, along […]

Sustainable Development in Iraq: IFC, NIC Discuss Financing

By John Lee. Dr. Haider Mohammed Makiyya, Chairman of Iraq's National Investment Commission (NIC), announced the commission's active role in sustainable development projects, particularly in reclaiming millions of dunams of agricultural land stretching from southern Iraq to Anbar. According to an NIC statement, this initiative aims to foster partnerships with international organizations that can provide […]

Designs Completed for $18bn Baghdad Metro

By John Lee. The Iraqi Prime Minister's Advisor for Transport, Nasser Al-Asadi, has announced the completion of route designs for the Baghdad Metro project, estimated to cost $18 billion. Speaking to the state-run Iraqi News Agency (INA), Al-Asadi highlighted the project's scale, noting collaboration with Baghdad Municipality to finalize financial arrangements with investors. The project […]

Proposed New Diwaniyah Refinery Project

By John Lee. Iraq's Ministerial Council for Energy has decided to major develop the Diwaniyah refinery, with a capacity of 70,000 barrels per day (bpd). The decision, along with five others that were not specified in the Oil Ministry's statement, will be submitted to the Cabinet for approval. An expansion of the plant to 70,000 […]

Iraq Launches "Real Estate Developer Program"

By John Lee. Dr. Haider Mohammed Makiyya (pictured), Chairman of Iraq's National Investment Commission (NIC), has announced the country's first "Real Estate Developer" program aimed at providing affordable serviced residential plots for citizens, in partnership with the private sector. According to a statement from the NIC, this initiative aligns with government plans to alleviate the […]

Iraq's Basra Steel Plant Set for Year-End Launch

By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, supervised final preparations for the Basra steel plant, expected to begin operations by the end of this year. During his on-site visit, the minister oversaw the plant's final cold start-up phases, which utilize advanced technology from Italy's Danieli Group for steel and […]

Hungary and Bulgaria study Iraq's Development Road Project

By John Lee. Iraq's Minister of Transport has announced that Türkiye has established a four-party council, including Iraq, Hungary, and Bulgaria, to advance the Development Road project's connection with Europe. Razzaq Muhaibis Al-Saadawi told the state-run Iraqi News Agency (INA) that the initial designs for railway are complete, with final designs now underway. The expressway's […]