By John Lee. The Iraqi government has approved new measures to support oil marketing, storage, and domestic fuel supply, including expanded operational flexibility for key state entities. Under the decision, Iraqi Oil Tankers Company (IOTC) has been authorised to lease available tankers in the Gulf region for use in storage or other purposes aimed at extending […]
By John Lee. The Undersecretary at Iraq's Ministry of Foreign Affairs has told state-run Iraqi News Agency that work to rehabilitate the Kirkuk-Baniyas oil pipeline remains suspended due to the security situation in Syria. He added that government is reviewing alternative export routes, including: Oil export link via Turkey Proposed connection through Jordan to Egypt […]
By John Lee. The Missan Oil Company has increased volumes of processed gas from the Halfaya field, with the Halfaya Gas Receiving Station (GRS) now receiving and processing up to 190 million standard cubic feet per day (mmscfd). In a statement to the state-run Iraqi News Agency (INA), the company said the facility has undergone […]
By John Lee. At the Iraq Britain Business Council (IBBC) conference in Basra, Prime Minister Mohammed Shiaa Al-Sudani reaffirmed the government's commitment to advancing investment in cooperation with the private sector and international partners. Held under the theme "Gateway to Iraq," the conference gathered senior Iraqi and UK officials and leading companies to explore trade […]
By John Lee. The Iraqi Prime Minister has laid the foundation stone for the 1,400 MW Yusifiya Thermal Power Plant. The plant, which had been stalled since 1990, is being completed to strengthen the national electricity network and support long-term demand. It is being built on a build-own-operate (BOO) model, with the involvement of Al-Rida […]
By John Lee. Chinese Deputy Ambassador to Iraq, Xue Haifeng, has told the state-owned Iraqi News Agency (INA) that Iraq-China cooperation continues to gain momentum, covering sectors ranging from energy and development to agriculture and defence. He emphasised that high-level exchanges have played a central role in strengthening bilateral ties, citing recent meetings between Chinese […]
By John Lee. GE Verona, in consortium with GE Global, General Electric Global Services, Ontex Trading, and Calik Enerji, has been awarded the contract for the expansion of the Mansuriya gas power plant. The project involves adding two gas turbines and a combined-cycle system, with a total capacity of 750 megawatts (MW). The Iraqi Cabinet […]
By Robert Tollast. Iran will be supplying an extra 10 million cubic metres of gas per day to Iraq under a modification of a deal that originally allowed for 25 million cubic metres per day. This is a continuation of a deal in 2013 where Iran would supply gas to Iraqi power plants, Tasnim news agency reports. […]
Levels of violence fell in Iraq last week, but the overall number of attacks was still above average. At least 69 people were killed and 179 injured in nationwide incidents. A total of 48 bombings left 42 people dead and over 160 injured. A rise in small arms attacks left 27 people dead and 11 […]
Levels of violence rose in Iraq last week. At least 79 people were killed and 207 injured in nationwide incidents, more than double the figure recorded the previous week. A total of 21 non-suicide bomb attacks left 24 people dead and 36 injured. This is a relatively standard figure for the country. However, a suicide […]
The European Union and Iraq signed a partnership agreement on Friday, which in turn has opened the way for both trade and energy deals. The agreement also allowed a closer cooperation in combating terrorism, promoting human rights, and countering the proliferation of weapons of mass destruction. The accord will allow continuous political discussions on bilateral, […]
Levels of violence rose in Iraq last week. Security measures were gradually relaxed following the conclusion of the Arab League Summit which appeared to grant militants slightly more opportunity to conduct attacks. At least 29 people were killed and 19 injured in nationwide incidents. Tactics A total of 20 bomb attacks left 10 people dead […]
