Tag Archives | cg

Iraq and WFP Finalise Development Plan

By John Lee. The Ministry of Planning is finalising a five-year development plan in cooperation with the World Food Programme (WFP), aligning future activities with Iraq's national development priorities. The plan, which has reached its final stages ahead of formal approval, was discussed during a meeting between senior ministry officials and WFP representatives. Key areas […]

Dana Gas Resumes Production at Khor Mor Gas Field

By John Lee. Dana Gas has resumed production at the Khor Mor gas facility in the Kurdistan Region of Iraq, following a period of intermittent operations in recent weeks. The company said it implemented precautionary operational measures during the disruption, working in coordination with government authorities while prioritising the safety of personnel and assets. No […]

Iraq Oil Export Data for March; Hormuz Hits Revenues

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for March 2026. Total exports of crude oil (including condensates): 18,604,951 barrels. Exports from the oil fields in central and southern Iraq amounted to 14,561,534 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 1,271,200 barrels. Exports […]

New Investment Plan Targets Infrastructure and Economic Growth

By John Lee. Iraq's National Investment Commission (NIC) has announced a new strategic vision aimed at delivering major projects to support Iraq's economy and sustainable development. The plan was presented during a meeting attended by members of parliament from the Reconstruction and Development bloc, where officials outlined a roadmap to advance investment activity and accelerate project […]

Ministry of Trade Clamps Down on Unauthorised Exhibitions

By John Lee. The General Company for Iraqi Exhibitions and Commercial Services has emphasised that it is the sole authorised body responsible for granting approvals for exhibitions in Iraq, calling on organisers to coordinate in advance to ensure compliance. The company, which is part of the Ministry of Trade, warned that all exhibition organisers must comply […]

New Companies Added to Iraq's OTC Trading Market

By John Lee. The Iraqi Securities Commission (ISC) has approved the listing, deposit, and trading of shares for five companies on the over-the-counter (OTC) platform. The decision was taken during the Commission's third session held on 7th April 2026. The companies admitted to the OTC platform are: Al-Yam Al-Azraq General Trading Company Asia Gate Insurance Company […]

New Funding Approved Under Iraq Reconstruction Programme

By John Lee. The Iraqi government has approved annual allocations of IQD 100 billion (USD 76.3 million) for each province covered by the Reconstruction Fund for the Most Impoverished Areas. The funding applies to five provinces: Basra Babil Diwaniyah Muthanna Najaf The allocations form part of ongoing efforts to support development and improve economic conditions […]

Solar Energy and Green Projects Approved Across Iraq

By John Lee. The Iraqi government has directed provincial authorities to monitor market prices and prevent hoarding, alongside approving a series of development, energy, and administrative measures. The decisions were taken during a meeting of the Higher Committee for Coordination between Provinces, chaired by Prime Minister Mohammed Shia Al-Sudani. The Prime Minister instructed governors to […]

Basra-Haditha Oil Pipeline Moves to Direct Bidding Process

By John Lee. The Iraqi government has approved a revision to its previous decision on the Basra-Haditha crude oil pipeline project, enabling a direct invitation process for participating companies. Under the amended Decision No. 578 of 2025, the Ministry of Oil will invite specialised and interested companies to submit bids for the project, rather than […]

Iraq Reopens Airspace and Resumes Civil Aviation

By John Lee. The Iraqi Civil Aviation Authority (ICAA) announced the reopening of Iraq's airspace and the resumption of civil aviation operations on Wednesday, following an improvement in security conditions. All civilian flights, including overflights, departures, and arrivals at Iraqi airports, are now permitted to resume in line with approved regulations and safety procedures. Joint Operations […]

Lukoil Tax Settlement Confirmed for West Qurna 2 Oil Field

By John Lee. The Iraqi government has confirmed tax settlement arrangements related to operations at the West Qurna 2 oil field, as part of broader contractual and financial adjustments. Under the decision, North Oil Company (NOC), as the government partner in the contract, will settle the tax obligations in accordance with Decision No. 41 of […]