The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News
By John Lee. The Iraqi Ministry of Trade has signed an agreement with Switzerland's Bühler and Egypt's Samco to construct five state-of-the-art grain silos, each with a storage capacity of 60,000 tonnes. The silos will be built in Kirkuk, Anbar, Wasit, Najaf, and Muthanna, as part of the ministry's infrastructure development plan. Minister Atheer Daoud […]
By John Lee. The Iraqi Cabinet has authorised the Minister of Finance, or a designated representative, to sign a loan agreement funded by the Export-Import Bank of the United States (EXIM, EXIMBank). The loan will support the implementation of combined-cycle projects for the Kirkuk Gas Power Plant under the Ministry of Electricity. According to a […]
By John Lee. Oil major BP has signed a preliminary letter of technical alignment with H.E. Hayan Abdul Ghani, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil. This agreement represents a key step in negotiations for the integrated oil and gas redevelopment of several fields in the Kirkuk region, located in northern […]
By John Lee. British oil major BP aims to finalise an agreement to develop Iraq's Kirkuk oil field by February, CEO Murray Auchincloss (pictured) announced at the Energy Intelligence Forum. The memorandum of understanding (MOU) signed in August with Iraq's Oil Minister covers redeveloping the 20-billion-barrel field and adjacent sites, including gas, solar, and exploration […]
From the Norwegian Refugee Council (NRC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cracked Earth, shrinking harvest: Drought impact on displaced and returnee Iraqis This report explores an often-overlooked theme: the impact of climate on individuals and communities who are still displaced. How-if […]
By John Lee. The Deputy Minister of Oil for Gas Affairs, Mr. Ezzat Saber Ismail, announced that North Gas Company's investment in associated gas has reached 410 million standard cubic feet (MMSCF). During his field supervision of scheduled maintenance at the NGC facilities in Kirkuk, Mr. Ismail said the company is producing around 410 MMSCF […]
By John Lee. In 2021 the Ministry of Planning's Central Statistical Organization (CSO) in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has conducted a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The Survey covered the three governorates of Baghdad, Basra, […]
By Mohanad Faris for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competition over Kirkuk: Between Internal Conflicts and Regional Rivalries Kirkuk's future remains uncertain due to the lack of any consensus-based projects between the governorate's political […]
By Alex Kimani for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. BP To Develop Iraq's Kirkuk Oil Fields On Profit-Sharing Model British oil and gas giant BP Plc (NYSE:BP) will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model […]
By John Lee. Prime Minister Mohammed Shia' Al Sudani inaugurated the Debes [Dibs] Gas Power Plant in Kirkuk via video link, marking the completion of a 320 MW facility that had been stalled since 2004. Restarted in late 2022, the project overcame significant legal, administrative, and logistical challenges, according to a statement from the Prime […]
By John Lee. UK-based oil major BP has said that negotiations regarding an integrated redevelopment programme for the Kirkuk region are expected to be complete early in 2025. The non-binding agreement, signed on Thursday, involves the rehabilitation and development of four oil fields in Kirkuk. It also proposes to explore opportunities for investment in power […]
By John Lee. The Iraqi Oil Pipelines Company has rehabilitated the six-inch fuel oil pipeline extending from the "June 1" depot to the Kirkuk Cement Plant in Lilan, southeast of Kirkuk. According to a statement from the Ministry of Oil, the pipeline, inactive for over three years, is now fully operational. Ali Abdul Kareem Al-Moussawi, […]
