The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
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. Iraq's New Prime Minister Doubles Down On Oil & Gas Deals With China And Russia It is possible that U.S. Secretary of State, Antony Blinken, believed for a moment that […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital […]
By John Lee. China Petroleum Engineering & Construction Corp (CPECC) has reportedly signed a contract for the design, procurement, construction and testing of new crude oil processing facilities at Iraq's giant Rumaila oilfield. According to a report from the China International Contractors Association, the facility in Mishrif Qurainat (MQ) is the first new crude oil […]
By John Lee. The Iraqi Oil Exploration Company has signed a contract with China National Offshore Oil Corporation (CNOOC) to study Iraq's offshore oil block in the Gulf. The Undersecretary for Extraction Affairs represented the Oil Minister, Mr. Ihsan Abdul-Jabbar Ismail, at the signing ceremony. The General Manager of CNOOC Middle East and Iraq said […]
Chinese electrical appliance manufacturer Midea Group has appointed Al Hafidh as its distributor in Iraq. According to a press release, Al Hafidh is one of the biggest Iraqi-owned conglomerates, while Al Hafidth Home Appliances is widely recognized for its uncompromising commitment to quality and excellence and for being a customer-centric business organization. Distribution is scheduled […]
By John Lee. Prime Minister Mustafa al-Kadhimi has laid the foundation stone for the project to build 1,000 schools across Iraq. The schools will be built with support from the People's Republic of China.. Contracts for the project were signed last December with the Power Construction Corporation of China (PowerChina) and Sinotech. (Source: Media Office […]
By John Lee. China Petroleum Engineering Procurement & Construction (CPECC) has reportedly won an engineering contract for a plant to process gas from the Gharraf (Garraf) and Nasiriyah fields. According to Upstream Online, the contract was awarded by lead contractor Baker Hughes. More here (subscription required) (Source: Upstream Online)
By John Lee. Zawya has reported that Chinese companies will build a major new "Science City" near the Iraqi city of Mosul. It says the deal was finalised under a landmark oil-for-projects agreement signed in 2019. The project involves the University of Alhamdaniya [Al-Hamdaniya], but the Chinese companies have not been named. (Source: Zawya)
By John Lee. The United States has criticised Iraq, among other countries, for its failure to protect intellectual property rights. In its recently-published 2022 Special 301 Report, the United States Trade Representative (USTR) says stakeholders continue to report notable levels of piracy through Illicit Streaming Devices (ISDs) and illicit Internet Protocol Television (IPTV) apps in […]
By John Lee. A meeting has been held with the China State Construction Engineering Corporation (CSCEC) to discuss the the first steps in the rehabilitation of Nasiriyah International Airport. The company signed a contract for the project with the Iraqi Civil Aviation Authority (ICAA) in June 2021. According to Al Sabaah, he meeting was attended […]
By John Lee. The Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, with representatives of China's Huawei, have discussed the process of developing the e-governance and automation project. The comprehensive digital transformation project is intended to reduce paperwork in government institutions. Dr Al-Ghazi confirmed that the e-governance project has reached "advanced stages", and […]
By John Lee. Chinese automobile brand Exeed is reportedly planning to enter the Iraqi market later this year. According to Zawya, two of Iraq's leading car dealers are currently in talks with the automaker. The brand was introduced by China's Chery Automobile in 2018. (Source: Zawya)
