The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP), with part of the work assigned to the State Company for Oil Projects (SCOP). The pipelines will run from the Majnoon, West Qurna-2, […]
By John Lee. The Bazargan Oil Complex has announced the establishment of a gas compression unit with a processing capacity of up to 70 million standard cubic feet per day (MMscf), as part of efforts to fully utilize associated gas from Missan's oil fields. Hassan Falahi, head of the gas processing division, told the state-run […]
By John Lee. The Ministry of Health has announced details of the 100-bed hospital series under the Iraq-China agreement, specifying the provinces and expected completion timeline. Ministry spokesperson Seif Al-Badr confirmed that contracts with reputable global companies are ongoing, with daily oversight from Health Minister Dr. Saleh Mahdi Al-Hasnawi. The hospitals will be constructed in: […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with PowerChina CEO Chen Guanfu and his delegation to review the company's ongoing energy projects in Iraq, including solar energy, combined cycle, and gas power plants. The discussions focused on expanding PowerChina's operations in line with the government's strategic energy diversification plans. The meeting also […]
By John Lee. Iraq's National Investment Commission (NIC) hosted a high-level delegation from China's Shanghai Environment Company [Shanghai SUS Environment] to discuss investment contract requirements for Iraq's first waste-to-energy power plant. The company, which holds the investment license for the project, aims to develop a high-efficiency incineration plant that will generate up to 100 MW […]
By John Lee. The Iraqi Cabinet has approved the authorization of the Minister of Higher Education and Scientific Research, who also serves as Chairman of the Iraqi Atomic Energy Commission, to negotiate and sign a cooperation agreement with China on the peaceful applications of nuclear energy. The Ministry of Foreign Affairs has been tasked with […]
By John Lee. The Iraqi Drilling Company (IDC) has commenced drilling operations for the first well in an 18-well project at the Southern East Baghdad oil field, in cooperation with China's EBS Petroleum, a body registered in Iraq to conduct the petroleum operations on behalf of China's ZhenHua Oil, The project aims to boost national […]
By John Lee. Basra Governor Asaad Al-Eidani (pictured) has reportedly announced the launch of Madinat Al-Nakhil [Palm City], a major residential and developmental project in Iraq. Planned for over a decade, the eco-friendly city will span 54 nature reserves and 34 additional dunams, featuring 120,000 housing units, universities, and industrial zones aimed at reducing carbon […]
By John Lee. The Iraqi Council of Ministers has approved the recommendation of the Social Services Council to award the Design, Construction, Operation, and Maintenance of the South Karbala Water Project to Shandong Shiji [Shandong Xieji Construction Engineering], a Chinese company. The project, with a capacity of 16,000 m³ per hour, is valued at 699.75 […]
By John Lee. The Iraqi Council of Ministers has approved a modification to the contract area of the East Baghdad Oil Field - Southern Region, adding 95 km² west of the Diyala River. According to the Media Office of the Prime Minister, this expansion aims to exploit an estimated 710 million barrels of crude oil […]
By Ingrid d'Hooghe, Vera Kranenburg, and Erwin van Veen, for The Clingendael Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China in Iraq The main objective of China's engagement in Iraq is to ensure a reliable flow of oil that diversifies Beijing's imports […]
By John Lee. The Iraqi Ministry of Transport has announced increased interest from international companies in investing in Iraq's strategic transport initiatives. Aided by improved investment conditions and government policies, 2025 is expected to see exceptional foreign direct investment activity, according to the Ministry. Key opportunities include the Grand Faw Port project, with 11 shortlisted […]
