By John Lee. A Chinese company has reportedly won a contract to build a natural gas liquids (NGL) plant in Basra. According to Xinhua, China's Petroleum Engineering and Construction Corporation (CPECC) signed the contract on Wednesday with Iraq's Basra Gas Company (BGC). As a result of the new plant, BGC will increase its gas production […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q3 of 2018 On Wednesday, the KRG Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 July 2018 to 30 September 2018, after a review […]
The National Investment Commission (NIC) and the Iraqi Civil Aviation Authority (ICAA) have announced the investment opportunity to build Nasriya International Airport. The airport is located to the south–west of Imam Ali (PBUH) air force base in Thi Qar province. The area of the passengers terminal is 3000m². Interested foreign and local companies can apply […]
By John Lee. The United Nations has advertised new positions in Iraq: Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq Country Financial Controller, Concern Worldwide Forensic Archaeologist, ICMP - International Commission on Missing Persons Child Protection and Education Project Manager, Terre des hommes (Tdh) Head of Education, Mercy Corps Human Settlements Officer - […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: National Humanitarian Affairs Officer, UNDP - United Nations Development Programme Urban Agriculture Specialist, UNDP - United Nations Development Programme Field Coordinators, Terre des hommes (Tdh) Logistic Supply Senior Manager, Terre des hommes (Tdh) Deputy Country Representative, Terre des hommes (Tdh) Senior Communication […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for January of 113,111,429 barrels, giving an average for the month of 3.649 million barrels per day (bpd), down from the 3.726 bpd exported in December. These exports from the oilfields in central and southern Iraq amounted to 110,245,281 barrels, while exports from Kirkuk […]
The Iraq Energy Institute (IEI) has issued its 2018 Annual Report, entitled "Riding the Oil Markets, Iraq’s Economy in Transition". In its summary, the IEI says: "Iraq’s fortunes are once again highly dependent upon oil prices following a period where the government succeeded in stabilising expenditures, on the basis of IMF conditionality. "This period was […]
By John Lee. The National Investment Commission (NIC), along with investment commissions in the provinces, granted 257 investment licenses during 2018. According to a statement from the NIC, this represents a combined investment of more than 8 billion dollars in the Iraqi economy. Four of these licenses were issued for strategic projects at a cost […]
By John Lee. Iraqi President Barham Salih has called on the United Nations Educational, Scientific and Cultural Organisation (UNESCO) to include the ancient city of Babylon in its World Heritage List. The President made the request at meeting with UNESCO Director Audrey Azoulay in France. They also discussed the provision of job opportunities within UNESCO […]
UK Export Finance (UKEF) will support a €30.2 million contract for the refurbishment of Al Mussaib power station in southern Iraq, the UK government has announced. The support will enable the rehabilitation of a 320 megawatt (MW) turbine, that will help improve the overall efficiency and output at the power station. Al Mussaib power station, […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Tratos Group has become its latest member. The Anglo-Italian company makes electrical, electronic and fibre optic cables for a wide variety of applications. (Source: IBBC)
Euphrates Advisors LLC and AUIS announce establishment of Euphrates Fund Scholarship Euphrates Advisors LLC and American University of Iraq, Sulaimani (AUIS) announced today the establishment of the Euphrates Fund Scholarship (EFS), a generous grant that will cover the tuition of one University student each year. Euphrates Advisors is an investment firm that manages the Euphrates […]
