The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. The Ministry's Deputy Minister for Gas Affairs has inspected the gas project in Block 9 (Al-Fayhaa, Faihaa) in Basra province. Mr. Ezzat Saber said he hoped to utilize 130 million cubic feet per day of gas from the field by year-end, along with equipping power stations to process 100 million cubic feet […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani presided over the signing ceremony for the Faw Refinery Investment Project, a significant initiative within the framework of Iraq's plan to expand refining capacities and attract foreign investment. The project, a collaboration between the Ministry of Oil's South Refineries Company (SRC) and the China National Chemical Engineering […]
By John Lee. Iraq's Ministry of Oil has concluded its fifth-plus and sixth oil and gas licensing rounds, with Chinese companies winning most of the fields awarded: Fifth-plus licensing round: Abu Khema: Zhenhua Oil Ad Daimah: KAR Group Alan: KAR Group Block 7: China National Offshore Oil Corporation (CNOOC) Dhufriyah: Anton Oil Fao: United Energy […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraq Just Awarded A Strategically Vital Gas Field To A Ukrainian Firm Russia-aligned Iraq has awarded the development of a crucial gas field to a Ukrainian firm. The importance […]
By John Lee. Chinese smartphone company Xiaomi has announced that the talabat app will now come preloaded on Xiaomi phones in United Arab Emirates, Qatar, Egypt and Iraq. Talabat, a food and grocery delivery app, was founded in Kuwait in 2004, and entered the Iraqi market in 2021. It was acquired in 2015 by German-based […]
By John Lee. Iraq's Ministerial Council for Energy has recommended proceeding with the signing of a preliminary contract for the Mansuriyah gas field between the Ministry of Oil's Middle Oil Company [Midland Oil Company] and a consortium consisting of China's Jereh Group and a company referred to as "Petro Iraq". According to a statement from […]
By John Lee. The Iraqi Prime Minister has confirmed that Iraq has agreed with Abu Dhabi Ports (AD Ports Group) on a partnership to operate the new Al-Faw Grand Port. Addressing a round table held by the Bilateral Chamber in Houston, Texas, as part of his official visit to the United States, Muhammad Shiaa Al-Sudani […]
By John Lee. The Ministry of Transport has announced that Iraqi Airways will re-start direct flights between Iraq and China in May. The inaugural direct flight will take off on May 4th from Baghdad International Airport, making a stop at Basra International Airport, before proceeding to Beijing Daxing International Airport. This marks the resumption of […]
By John Lee. The Defence Industries Commission of Iraq (DICI) has said it started to produce armoured military vehicles. Janes identifies the vehicle as the Chinese Norinco VN22 6x6. More here from Janes. Click here to view the DICI video. (Sources: DICI, Janes)
By John Lee. Prime Minister Mohammed Shia al-Sudani has launched the executive works in the Abu Ghraib Sewage Project on Thursday, as part of a strategic package of projects to address sanitation in Baghdad Governorate. The project will serve 300,000 people in the district, with a capacity of up to 41,000 cubic meters per day […]
By Namo Abdulla, for VOA News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Questions Arise as China Constructs Thousands of Schools in Iraq It's been more than five years since Iraq declared victory over the Islamic State terror group, yet much of Iraq […]
By Sardar Aziz for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why the Iraqi ruling elites pivot to China Over the past 15 years, China has executed a strategy in Iraq that has been incredibly effective. By February 2024, Chinese firms […]
