By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Once Again, Turkey Violates the Pipeline Agreement Turkish media has recently reported on a potential new breach by Turkey of the Kirkuk-Ceyhan crude oil pipeline agreement. This alleged violation involves Turkey extending […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makkiya, has met with the Lebanese Minister of Economy and Trade, Mr. Amin Salam. During the meeting, Makiya affirmed Iraq's desire to expand cooperation in the investment sector. The NIC chairman stated that the Iraqi government aims to achieve integration in […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired the regular meeting of the High Committee for the Development Road Project on Thursday. The meeting included the Ministers of Transport, Planning, Oil, Electricity, and Communications, along with the Prime Minister's advisors. The discussion focused on the project's implementation procedures and progress on previous directives. […]
By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]
By John Lee. Iraq's Oil Pipeline Company announced the completion of rehabilitation works on the 12-kilometer petroleum products pipeline from Baiji to Kirkuk. The General Manager, Ali Abdul Kareem Al-Mousawi, stated that the company's technical and engineering teams successfully rehabilitated the pipeline after it ceased operations in 2014 due to terrorist activities in the region […]
By John Lee. Iraq's Oil Pipeline Company has successfully completed a project to extend a dry gas pipeline (16 inches in diameter) that supplies the Kirkuk Gas Power Station from the Khor Mor fields. The pipeline, with a length of 1,050 meters, was constructed in two phases and is expected to transport an additional 100 […]
By John Lee. In its 39th regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet made important decisions concerning the oil sector and infrastructure development for exports: The Ministry of Finance will allocate the total cost of IQD 1,265,444,000,000 [$967 million] for the construction of offshore pipelines (4 and 5) and a […]
By John Lee. The Kirkuk-Ceyhan oil pipeline, which is also the main route for oil exports from Iraqi Kurdistan, will reportedly soon be ready to resume operations. Various media sources quote the Turkish Energy Minister, Alparslan Bayraktar (pictured), as saying that earthquake-damage assessments are nearing completion. Shares in Gulf Keystone Petroleum (GKP) closed the day […]
By John Lee. Iraq's Prime Minister, Mr. Mohammed Shiaa Al-Sudani, officially opened a Glass Reinforced Plastic (GRP) pipe manufacturing plant in Basra during his visit to the province recently. The Prime Minister emphasized that the Al-Narges [Narjis] Pipe Factory, with its modern machinery, inspection equipment, raw materials, and associated technologies, is the first of its […]
By Muhammed Fansa for Enab Baladi. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sanctions and rehabilitation costs impede operation of the Kirkuk-Baniyas oil pipeline After the first visit of the Iraqi Prime Minister, Mohammed Shia al-Sudani, to Syria, and his meeting with the […]
By John Lee. An Iraqi government spokesman has said that Iraq is considering reviving plans to use an oil export pipeline through Syria. Following Prime Minister Muhammad Shia'a Al-Sudani's visit to the country last month, Basem Al-Awadi told the state-owned Iraqi News Agency (INA) that Iraq is ready to discuss with Syria the development of […]
By John Lee. The Iraqi Cabinet has approved the recommendation of the Energy Ministerial Council for the construction of a third offshore oil export pipeline, sometimes referred to as "Sealine 3" or "SL-3". The 48-inch pipeline will have a capacity of 2 million barrels per day (bpd), and is planned to be completed in 400 […]
