By John Lee. Iraq's Ministry of Transportation is considering the purchase of two Falcon aircraft from the French company Dassault. Based on the directives of the Minister of Transportation, Mr. Rizk Mahayibes Al-Saadi, to follow up on files of utmost importance in the operation of Iraqi Airways, a ministerial committee was formed to follow up […]
By John Lee. The Minister of Transport in Iraq, Razak Muhibis Al-Saadawi [Razzaq Muhibis Al-Saadawi] has held a meeting with Italian consulting company Progetti Europa & Global S.p.A. (PEG), along with representatives from Turkiye, to discuss the "Development Road project", also known as the "dry canal project". The project will link Iraq's Grand Faw port, […]
By John Lee. Iraq and the Sultanate of Oman are finalising a memorandum of understanding (MoU) in the field of combating corruption. The Iraqi Integrity Commission's head, Judge Haider Hanoun, praised Oman's cooperation with the commission regarding extradition, including the arrest of fugitives by Omani authorities. Talks are underway to conclude the MoU to exchange […]
By John Lee. The Prime Minister of Iraq, Mohammed S. Al-Sudani, has approved the recommendations of a committee investigating corruption in the Umm Qasr port. The committee found that private companies operating at the General Company for Iraqi Ports were charging additional fees not approved by the Ministry of Transportation, leading to increased prices for […]
By John Lee. Gas operations have begun at the Akkas gas field in Anbar governorate. A statement from the Ministry of Oil said production of 60 million standard cubic feet per day (MMSCFD) is being used to produce 90-95 megawatts of electricity. The State Company for Oil Projects (SCOP) built a 30-kilometer pipeline (pictured) to […]
By John Lee. Following the suspension of oil exports from Iraq via pipeline to the Turkish port of Ceyhan, a statement from the Turkish Ministry of Energy claims that the court ordered Iraq to pay compensation to Turkey. This appears to contradict previous reports which said that Turkiye was ordered to pay around $1.5 billion […]
By John Lee. The Iraqi General Cement Company has signed a partnership contract with the Turkish Zodiac company to establish a new cement production plant in Hammam Al-Alil Complex in Nineveh Governorate. The plant will use modern technology and dry gas fuel to produce cement and have a contract capacity of 1.8 million tons annually. […]
By John Lee. Iraq's cabinet has approved the recommendation of the Energy Ministerial Council regarding the renewal of the contract to supply the Egyptian General Petroleum Corporation (EGPC) with oil. The contract will involve the supply of four million barrels of Basra medium crude oil, with two million barrels for June and another two million […]
By John Lee. Shell Markets Middle East Limited has signed an agreement with GB Auto Iraq to be the official distributor of its automotive lubricants in Central and Southern Iraq. As part of the agreement, Shell will supply GB Auto with a diverse portfolio of automotive lubricants, including Shell Helix, Shell Rimula, Shell Spirax, and […]
By John Lee. The Director General of Iraqi Railways has held a meeting with a delegation from the French shipping company CMA CGM. The delegation presented a study on transporting containers via rail through the country. The Director General stated that the Ministry of Transport, under the directives of Mr. Razzaq Muhibis Al-Saadawi, the Minister […]
By John Lee. An advisor to the Iraqi Prime Minister has said that the Kurdistan Regional Government's oil revenues will now be placed in an account controlled by the federal government in Baghdad. Husham Hamad added that the agreement was reached through what he called the "high understanding and keenness of the federal government and […]
By John Lee. Sultan bin Abdulrahman Al-Murshed, CEO of the Saudi Fund for Development (SFD) welcomed an Iraqi delegation led by the Chairman of the National Investment Commission (NIC), Dr. Haider Muhammad Makiya in Riyadh on Sunday. The delegation comprised officials from various Iraqi ministries including Foreign Affairs, Finance, Agriculture, Oil, and Electricity, as well […]
