The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. Iraq's Ministry of Oil has confirmed steps to export oil and oil derivatives via Turkey, Jordan and Syria. According to the state-run Iraqi News Agency (INA), Deputy Minister for Extraction Affairs Bassem Mohammed Khudair said that the State Oil Marketing Organization (SOMO) has begun signing contracts with international carriers and buyers to export […]
By John Lee. The Ministry of Oil has reportedly issued tenders to export Iraqi crude oil through the Syrian port of Baniyas and the Jordanian port of Aqaba, according to Oil Minister Hayan Abdul Ghani. In comments reported by the state-run Iraqi News Agency (INA), Abdul Ghani said Iraq remains heavily dependent on revenues from […]
By John Lee. Iraq Fund for the Recovery of Smuggled Assets has reportedly recovered approximately $379 million in Iraqi funds from abroad, according to its chairman, Mohammed Ali Al-Lami. Speaking to the state-run Iraqi News Agency (INA), Al-Lami said the fund is seeking to sign cooperation agreements with international and local institutions to strengthen its […]
By John Lee. The Ministry of Electricity has said the Iraq-Gulf electricity interconnection project will soon enter service with an initial capacity of 500MW. According to ministry spokesperson Ahmed Mousa Al-Abadi, the project is around 95 percent complete and is currently undergoing final operational procedures before the first phase becomes operational. The ministry also confirmed that […]
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
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. Yolk Brands, the UAE-based hospitality group behind Pickl and BonBird, has reportedly announced its expansion into Iraq under a new agreement with Al Maysarah Holding. The agreement provides for the opening of five Pickl restaurants and ten BonBird outlets. The first locations are scheduled to open in Q2 2026 at Iraq Mall […]
By John Lee. The General Company for Food Products, part of Iraq's Ministry of Industry and Minerals, has begun exporting its products to neighbouring markets, starting with a shipment of cooking oil to Jordan. The company confirmed that the first shipment of 'Al-Bint' branded cooking oil, produced at the Imam Ali Al-Hadi plant in Maysan […]
By John Lee. Mona Juul has stepped down from her role as Norway's Ambassador to Jordan and Iraq, following discussions with the Ministry of Foreign Affairs and an ongoing investigation into her knowledge of, and contact with, convicted sex offender Jeffrey Epstein. The Ministry had already relieved Juul of her duties while it examines documents […]
By John Lee. Jetcraft Commercial has delivered two Bombardier CRJ-1000 regional jets to the newly-launched Basra Airlines. The CRJ-1000 fleet is expected to initially serve domestic routes from Baghdad, complemented by regional services to strategic destinations including Dubai, Beirut, and Amman. Basra Airlines, which received its Air Operator Certificate (AOC) in December, is preparing to […]
By John Lee. The General Company for Ports of Iraq (GCPI) has launched a new direct international Ro-Ro shipping line linking Port Rashid in the United Arab Emirates with Umm Qasr port, with the arrival of the first shipment of TIR trucks. The service, inaugurated on 25 December 2025, operates with a transit time of […]
By John Lee. A cross-border transport operation has highlighted Iraq's growing role as a key land bridge between the European Union and the Middle East, significantly reducing journey times using the TIR system. A TIR shipment carrying film and photography equipment travelled from Hungary to Jordan via Iraq in around six days, compared with approximately […]
