The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
Iraq is among the countries reportedly boycotting the Nobel Peace Prize ceremony in Oslo. A Nobel official said that China has been putting unprecedented pressure on a number of countries to stay away from the prize-giving ceremony. This year's prize has been won by Liu Xiaobo, who is currently serving an 11-year prison sentence for […]
Iraq's Industry Ministry has signed a contract with a Chinese company to produce thermal bricks, a spokesperson of the ministry said on Thursday. “The thermal industries company signed a contract with a Chinese company to carry out a project to produce thermal bricks,” Hanaa al-Husseini told Aswat al-Iraq news agency. “The ministry has allocated 25 […]
Further to our report yesterday on the police raid on CNPC's al-ahdab oilfield, Iraq's Oil Ministry said on Tuesday that security forces had violated the law, and expressed concern for the affect it could have on foreign investment in the oil sector. "Oil sites and facilities are under the control of the Central Government and […]
Iraq plans to increase oil exports to Asia, especially India and China, the State Oil Marketing Organization (SOMO) Director General Falah al-Amri said in Baghdad. “Europe is an old market, and it has made plans to diversify away from oil to cleaner alternatives,” Amri said in a speech marking the 50th anniversary of the Organization […]
Staff from the China National Building Material Company, CNBM, have started work on the construction of the first concrete factory in al-Muthana province. "The Chinese firm will construct the factory for an Iraqi investor," a local source told Aswat al-Iraq news agency. He explained that the total cost of the project is $270 million [320 […]
Aswat al-Iraq reports that the Iraqi Industry Ministry has reached agreement with a Chinese producer to assemble 10,000 Chinese cars in Iraq. The ministry is also currently in negotiations with a French producer to assemble trucks in Iraq. IBN believes the truck-maker to be Renault. “This should be the first step toward establishing an automotive […]
A local government spokesperson from Basra has announced that the Chinese company "Tarim" is making the final preparations for a trade fair due to open in the Basra province (550km south of Baghdad). "The governor of Basra, Shiltagh Abboud, hosted a delegation from Tarim which is preparing to open a trade fair in the province, […]
China didn't take part in the U.S.-led invasion of Iraq or the bloody military battles that followed. It hasn't invested in reconstruction projects or efforts by the West to fortify the struggling democracy in the heart of the Middle East. Workers at al-Waha Oil Co. in the southern Iraqi town of Wasit are part of […]
More than 65 Chinese firms are participating in a fair in Najaf city.
The pavilion will exhibit a model of the Hanging Gardens of Babylon, one of the ancient Seven Wonders of the World.
China's top power equipment maker Shanghai Electric is moving ahead with a $1 billion power-generating plant to boost Iraq's electricity capacity by 1,320 megawatts, officials said on Saturday.
China is now the biggest importer of Saudi oil, the second-biggest of Iranian oil, and the largest player in the Iraqi oil game and "being very aggressive,"
