Oil Minister Jabar Ali al-Luaibi [Allibi] has opened the 3rd loading dock at the Umm Qasr port export terminal, saying that it represents a significant step in the export of condensed gas and liquefied gas. He added that there will be a quantum leap in gas investment this year, with capacity reaching 1300 MSCF/ day. […]
Textron Aviation Defense LLC has been awarded an $8,789,035 undefinitized contract action (UCA) for the reconstitution of 15 aircraft in Iraq. This US foreign military sales Acquisition Category III program provides the aforementioned the purchase of long-lead supplies required to reconstitute the aircraft for Iraq training. The work provided for under this UCA must be […]
GE has said it is supporting Iraq to develop its electricity infrastructure, working closely with the Ministry of Electricity to set up the Mansurya Power Plant in Diyala. Earlier, while still in its construction phase, the facility had been partially damaged during the conflict in the area and progress towards project completion had stalled. The […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 23 strikes consisting of 38 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
The Iraq Britain Business Council (IBBC) has hosted a dinner in honour of Mr Xavier Rolet, CEO of the London Stock Exchange Group. After dinner, Mr Rolet spoke about the transforming power of Small and Medium-sized Enterprises (SMEs), particularly in emerging markets such as Iraq. He said that SMEs can spearhead profound societal change in […]
The Kurdistan Regional Government’s Deputy Prime Minister H.E. Qubad Talabani, as well as the Minister of Natural Resources H.E. Dr Ashti Hawrami have confirmed their attendance and participation at the Region’s annual Kurdistan-Iraq Oil & Gas Conference taking place on 11-13 December 2017 in London. International conference organisers CWC Group have announced the launch of […]
By John Lee. Iraq's state-owned Rasheed Bank has applied for permission to set up a branch in Iran. At a meeting on Sunday between Iran's Minister for Industry, Mining and Trade, Mohammadreza Nematzadeh, and Iraqi Minister for Industry and Minerals, Mohammed Shia 'Al Sudani, Minsiter Al Sudani said he hoped the application would be approved. […]
The United Nations World Food Programme (WFP) welcomed a contribution of €3.2 million (US$3.5) from the Government of France today for its cash assistance programme supporting families affected by conflict in Iraq. “This new French contribution is in response to the urgent need for food assistance among Iraqi families who have recently been displaced by […]
Following extensive discussions, the Iraqi Ministry of Oil and Baker Hughes, a GE company (BHGE) signed a contract for fast-track solutions to help the recovery of flare gas in line with the country’s strategy for energy sector development. An advanced modular gas processing (NGL) plant has been recommended for Nassiriya as part of the initiative […]
By John Lee. Iran and Iraq have signed a Memorandum of Understanding (MOU) to set up joint industrial zones. Iran's Minister for Industry, Mining and Trade, Mohammadreza Nematzadeh and Iraqi Minister for Industry and Minerals Mohammed Shia 'Al Sudani signed the agreement on Sunday. Minsiter Al Sudani said he future of Iraq is to increase […]
By John Lee. Iraq's parliament will reportedly question acting Trade Minister Salman al-Jumaili over allegations of corruption. Member of Parliament Alia Nassif told Reuters that the Minister will be questioned on 3rd August over import deals for contaminated rice and licences for new mills. amongst other issues. In 2015 authorities issued an arrest warrant for […]
KRG Prime Minister Nechirvan Barzani received Mr. Martin Warr, the new Consul General of the United Kingdom in Erbil, and his accompanying delegation. Consul General Warr commended the role of the Peshmerga forces in the fight against ISIS and the Kurdistan Region for hosting large numbers of internally displaced people, who fled ISIS atrocities and […]
