By John Lee. Mr. Hayan Abdul Ghani, Deputy Prime Minister for Energy and Minister of Oil, welcomed Mr. Ivan Romanovski, Lukoil's Vice President for the Americas, Africa, and the Middle East, along with the accompanying delegation, including Mr. Alexey Yakovlev, General Manager of Lukoil Middle East Limited, and the company's Baghdad office director. During the […]
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani visited Syria on Sunday, meeting with Syrian President Bashar al-Assad in Damascus. In the first such visit by an Iraqi prime minister in at least 12 years, Sudani said his aim was to, "discuss cooperation in all fields, and to strengthen the relationship, which we believe […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Three New China-Russia-Iran and Iraq Agreements Confirm The New Oil Market Order The last week or so has seen a flurry of major cooperation agreements - including in energy, security, […]
By John Lee. A delegation from the Iraqi Ministry of Transport has travelled to Russia for discussions on cooperation in the transport sector. The Director of Iraq's General Company for Land Transport, Mortada Karim Al-Shahmani, discussed cooperation in land transportation of people and goods between Iraq and Russia. The meeting resulted in finalising a cooperation […]
By John Lee. Iraq's General Company for Glass and Refractories has signed a partnership contract with what the Ministry of Industry describes as the "Federation of Russian Companies". The partnership aims to establish and rehabilitate seven glass and ceramic factories in Anbar governorate: A sanitary ware and ceramics production plant with a capacity of 15 […]
By John Lee. Iraqi Airways has started new flights between Baghdad, Moscow (Russia) and Medina (Saudi Arabia). The Ministry of Transport announced the resumption of these routes this week, after a hiatus of more than three decades. The Director General of Iraqi Airways, Eng. Karim Kazem Hussein, added that the fleet will continue to be […]
By John Lee. The Iraqi and Russian governments have signed a draft agreement exempting diplomatic, service, and private passport holders from entry visas. Dr. Abdul Rahman Al-Husseini, the Undersecretary for Administrative and Technical Affairs, signed on behalf of Iraq, and Russian Ambassador Elbrus Kutrashev on behalf of Russia. According to a statement from Iraq's Ministry […]
By John Lee. Russia's LUKoil and Japan's INPEX South Iraq Ltd have received approval from Iraqi state-owned Thi-Qar Oil Company (TOC) for "Declaration of Commerciality of Reserves and Outline Development Proposal" for the Eridu [Arido] oilfield located within Block 10 in Iraq. Following approval by TOC (also known as Dhi Qar Oil Company, DQOC), LUKoil […]
By John Lee. KRG President Nechirvan Barzani met with the Russian Ambassador to Iraq, Mr. Elbrus Kutrashev and his accompanying delegation in Erbil this week. The meeting discussed the political and economic developments in Iraq, Erbil-Baghdad relations and the ongoing negotiations to resolve their differences. The two sides also exchanged views on Russia's bilateral relations […]
By Ashish Kumar Sen for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Fighting Corruption Harder than Fighting ISIS, Says Iraq's Deputy Prime Minister Fuad Hussein lays out Iraqi government's priorities, says Iraq's interests dictate its […]
By John Lee. Ukraine's Ministry of Defense has reportedly warned about the formation of a "private military company" by Russian oil giant Gazprom Neft. Time magazine says that the Ukrainian government has warned that the unit would be comparable to notorious mercenary organization the Wagner Group. It speculates that the force may become active in […]
By Andrew Parasiliti for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi foreign minister: It's in Iraq's interest to help reduce US-Iran tensions In exclusive interview with Al-Monitor, Fuad Hussein discusses US-Iraq economic relations, regional economic integration, and sanctions on […]
