Tag Archives | Russia

New Consulates Planned for Basra

The Russian and German ambassadors to Iraq said on Monday that their countries want to open consulates in Basra in order to develop economic relations with the provincial government. The news was announced following the two ambassadors’ visit to the governor of Basra province, Shiltagh Abboud, yesterday. The German Ambassador to Iraq, George Christian, told […]

Iraq Receives $156m Russian Helicopters

Iraq has received the last two in an order of eight Russian-made multi-purpose helicopters which cost 156 million dollars, the US army has said. The purchase is Iraq’s latest effort to bolster the capacity of its armed forces ahead of a complete withdrawal of US forces by the end of next year, as the US […]

Russian Companies to Build Monorail in Baghdad

A group of Russian companies has been offered the project to build a monorail in Baghdad, according to Aswat al-Iraq. “Baghdad’s Hanging Train [monorail?] project, offered tp Russian companies, is expected to stretch for 25 kms, with a total capacity of 10,000 passengers per hour, through 16 stations, distributed between Baghdad’s two banks of Rusafa […]

Russia Eyes Deals in Iraq

Reuters reports that Russia is talking directly with Iraq's oil-rich Kurdistan region about investment opportunities there, Russia's ambassador to Iraq said on Tuesday, a strategy that could irritate Iraq's central government. Baghdad is at odds with the semi-autonomous northern region and has strongly opposed oil deals the Kurds have signed independently with foreign companies. The […]

Russian Firm to Invest in New Industrial Park

A Russian firm has expressed interest in investing in the construction of the new industrial area east of Amara city. “The firm is ready to execute the project according to credit payment system,” a local Iraqi source told Aswat al-Iraq news agency on Wednesday. He explained that the new industrial area will be on the […]

Russian Company to Invest in Maysan Gas

An initial agreement has been reached with a Russian company to invest in gas produced from the Missan oilfields, the Chairman of the local council’s energy committee said on Tuesday. “The agreement will help to increase the revenues allocated to the province, and to meet the local demand, in addition to using the gas produced […]

Designs Completed for Airport in Maysan

A group of Swiss and Russian firms have completed the designs of a civil airport in Amara city, Maysan province, according to a report in Aswat al-Iraq. “The airport will be like others constructed by the group in Kazakhstan, Brazil, and Libya,” a source from the group told Aswat al-Iraq news agency on Thursday. He […]

Russian Delegation Considers Investment in Basra

A delegation of Russian companies met with the chairman of Basra Council on Thursday to discuss investment opportunities in the city, a media official of the Basra council said. "A delegation of Russian companies’ representatives held a meeting with Jabbar Amin, with whom they discussed investment opportunities in the city," Hashem Ubeidi told Aswat al-Iraq […]

Rosneft Invests $630m in Crescent JV

Reuters, quoting a top Russian official, says Russia's largest oil producer Rosneft will invest $630 million in a joint project with UAE firm Crescent Petroleum to drill for gas in the Middle East. In May, Rosneft's Chairman Igor Sechin, who is also Russia's Deputy Prime Minister, said Russia was keen for projects to drill for […]