The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
By John Lee. Federal Government welcomes Germany's contribution to the sustainable development of Iraq's energy infrastructure The CEO of Siemens Energy AG, Dr. Christian Bruch, has signed a cooperation agreement with the Iraqi Minister of Electricity, Zayad Ali Alrzij [Ziyad Ali Fadel, Ziad Ali Fadhil Sudani], on the further electrification of Iraq. The agreement was […]
In order to solve the problem of electricity shortage and increase the amount of electricity production, the Ministry of Electricity of the Kurdistan Regional Government (KRG) last year installed several new electricity generation units. According to the director of electricity generation of the Ministry of Electricity, two units with a capacity of 500 MW were […]
By John Lee. Iraq's Mass Group Holding has completed its purchase of a power plant in Romania on Tuesday (27th December). According to a statement from the administrator, Expert Insolventa SRL, the company has bought the Mintia thermal power plant (pictured) from Complexului Energetic Hunedoara SA for 91.2 million euro ($91 million) in a public […]
By John Lee. The Prime Minister, Mr. Muhammad Shia Al-Sudani, has chaired a meeting this week discussing the sea water desalination project in Basra Governorate. During the meeting, they discussed "the acceleration of contracting and financing mechanisms." The Prime Minister affirmed the government's intention to involve reliable international companies in the implementation of the project. […]
Iraq's outstanding debts for the purchase of natural gas from Iran have been paid off, Iranian Oil Minister Javad Owji (pictured) said. Speaking to reporters on the sidelines of a weekly cabinet meeting on Wednesday, Owji said Iraq's outstanding debts for the purchase of gas from Iran during the previous and current Iranian year have […]
By John Lee. The CEO of Iran's National Gas Company has announced that negotiations have started regarding the continuation of gas supply to Iraq. According to Shana's report, quoting Majid Chegani, as saying that the first export contract to Baghdad will expire next year, and that the Iraqi side is applying for the extension of […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq is among the world's richest countries in energy, but that is doing little for the people who live there. For decades, many have suffered because of power outages, and there is no […]
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 Pushes Key Gas Developments To Reduce Import Dependence On Iran Iraq is advancing some key associated gas projects at the Gharraf and Nassiriya oil fields. Click here to read […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi and the Prime Minister of Jordan, Bisher Al-Khasawneh, have laid the foundation stone for the Iraqi-Jordanian electricity interconnector. Al-Kadhimi said the project will help secure the exchange of energy between the two countries, and reflects the policy of openness and cooperation adopted by this government. On the […]
By John Lee. GE Gas Power has signed an agreement with Taurus Arm, owner of the 500 megawatts (MW) Bazyan [Bazian] Power Plant, to provide parts, repairs, and services for two 9F.04 gas turbines at the facility for a period of 16 years. The turbines were supplied by GE to Taurus Arm in 2021 under […]
By John Lee. Iraq's Mass Group Holding has bought a power plant in Romania. According to a statement from the administrator, Expert Insolventa SRL, the company has bought the Mintia thermal power plant (pictured) from Complexului Energetic Hunedoara SA for 91.2 million euro ($91 million) in a public auction. Mass Global Energy Rom, a subsidiary […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi economic capital engulfed in trash, suffers from dilapidated electricity Home to Iraq's richest oil wells, Basra should have wealth and development to rival the Emirates. Instead, the southern province is one of Iraq's […]
