By John Lee. An Iranian official has said that Iran's natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq. Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day; […]
By John Lee. Iraq is said to be interested in buying unmanned aerial vehicles (UAVs), attack helicopters and military hardware from Turkey. Defense Minister Juma Anad Saadoun is quoted as saying that Iraq has already reached agreement with Turkey to purchase Bayraktar TB2 drones, made by Turkey's Baykar Defence. According to Breaking Defense, any decision […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP), a leading independent operator and producer in the Kurdistan Region of Iraq, were trading 12 percent higher today after the company announced its results for the half year ended 30 June 2021. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "I am pleased to report […]
DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new five-year senior unsecured bonds with a coupon rate of 7.875 percent. The placement met strong investor demand across international markets and was significantly oversubscribed, leading the Company to upsize the new bond issue from USD 300 […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for August of 94,660,239 barrels, giving an average for the month of 3.054 million barrels per day (bpd), up from the 2.918 million bpd exported in July. The exports from the oilfields in central and southern Iraq amounted to approximately 91,655,930 barrels, while […]
By John Lee. The Kurdistan Regional Government has said it is working on addressing the rising costs of bread and other basic commodities. In a statement, it said that the relevant ministries and administrative authorities will aim to assist bakeries in the near term, and address the reliance on imported flour in the long term […]
With the deposit of the instrument of ratification at the UN Headquarters in New York, Iraq becomes the ninth State Party to the United Nations Convention on Transparency in Treaty-based Investor State Arbitration, also known as the "the Mauritius Convention on Transparency". Iraq joins Australia, Benin, Bolivia, Cameroon, Canada, Gambia, Mauritius and Switzerland as a […]
By John Lee. Finland's Nokia today announced that Asiacell Telecom has chosen Nokia to build its next-generation microwave network in Iraq. In the five-year deal, Nokia's Wavence microwave packet radio will help Asiacell address demand for more capacity and provide fiber-like connectivity everywhere, including remote and difficult-to-reach areas In a press release, Nokia said that […]
First Opening of Village Dairy Centers for Milk collection, Processing and Marketing in Nineveh Governorate For the purpose to complement the humanitarian efforts carried out by the United Nations in Nineveh Governorate, and within the framework of supporting income generation for returning families and local communities, the Food and Agriculture Organization of the United Nations […]
Final statement of the Baghdad Conference for Cooperation and Partnership On August 28, Baghdad hosted the Baghdad Conference for Cooperation and Partnership, at the level of leaders and presidents to support Iraq and discuss challenges, common issues and future prospects. The participants expressed their thanks and appreciation for the efforts of the Republic of Iraq […]
By John Lee. TipTop, the online food delivery service in Iraq, has announced its new service -- TipTop Jet -- a direct delivery ordering system for restaurants. The company says the use of this technology will help restaurants manage their orders, track them from the kitchen to the customer's front door, eliminate the cost of […]
Restoration and strengthening the resilience of agri-food systems in Southern Iraq Key Findings of Rapid Needs Assessment and Identification of Key-Value Chains challenges and Interventions in Basra, Missan and Thi-Qar. The project 'Restoration and strengthening the resilience of agri-food systems in Southern Iraq' (GCP/IRQ/004/EC) funded by the European Union (EU) and implemented by the Food […]
