The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Ibrahim Saleh. Multi-Billion Dollar Budget Needed To Keep Iraq’s Water Flowing In Baghdad, locals have been fretting about dramatic falls in the level of the Tigris river. The government […]
By John Lee. According to a report from Rudaw, the Kurdistan Region sells thousands of tons of plastic and cardboard waste to Turkish companies who recycle it and sell the products back to Kurdistan. Over the past two years, the KRG had issued 42 licenses to export 431,000 tons of waste plastic and cardboard. Read […]
By John Lee. Turkey has reportedly postponed the filling of the Ilisu Dam on the Tigris river until July, as fears of major water shortages in Iraq increase. According to a report from The National, water levels of the Tigris have reduced significantly since last week, sparking renewed panic among Iraqis. The Turkish Ambassador to Iraq, […]
By John Lee. Prime Minister Haider Al-Abadi chaired a meeting of the Ministerial Council for National Security (pictured) on Sunday, focusing on the water shortage in Iraq. The Council viewed a presentation by the Minister of Water Resources, Hassan Al Janabi, which included a plan to address the expected water scarcity for the current summer. […]
Japan's Mitsubishi Corporation has been awarded a contract for port construction in the Republic of Iraq. Extended by the General Company for Ports of Iraq (GCPI), the contract covers a port rehabilitation project in the country’s southern region of Basra, and is valued at approximately 110 million US dollars. The project is being funded through […]
By John Lee. Five suspected members of an organized crime ring that was smuggling stolen cars into Iraq have reportedly been arrested in Turkey. Police detained three members of the gang, one of them a Greek national, at a customs office in Istanbul after they cleared a luxury Jaguar through customs. They later detained a […]
Turkish oil and gas services company Ergil has been awarded a design, engineering, fabrication, and testing contract by China Petroleum Engineering & Construction Corporation ( CPECC), for Petronas' Garraf oil field. The company says it has completed designing, manufacturing and supplying of 12 units 320-bar high-pressure pig receivers and launchers, 28 units pig signallers, 12 […]
The reservoir impounded by Iraq’s Mosul Dam has shrunk 60 percent in surface area from the late 1990s to present day, according to a report from the World Resources Institute (WRI): There are several factors behind this trend, including poor water resource management by the Iraqi government and intense regional droughts. But it’s Turkey’s Southeast […]
By John Lee. A new report from the Washington Institute for Near East Policy says that Iraqi hydrocarbons "will either be exploited by Iran and its allies or used for Iraq's own benefit, transforming the country into an energy export hub between the Gulf states, Turkey, and Europe. The United States has a strong strategic […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Mustafa Habib. Iraq’s Lack Of Water Is A Foreign Policy Problem, Ministers Say Once it was the extremists who held Iraq’s water to ransom. Now it is tribes in […]
By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] is to visit Turkey this week to discuss expanding cooperation in the oil and energy sector. Among the topics for discussion will be the possible restarting of oil exports via the Turkish port of Ceyhan (pictured), and the export the Iraqi oil “by SOMO company […]
Kirkuk Governorate Council has reportedly filed a complaint at the Iraqi Supreme Court against the federal government for taking unilateral steps on the governorate's oil. A press report on February 19 cited three moves that it said Baghdad has taken without consultation with local government: An agreement with British Petroleum (BP) to develop Kirkuk oil […]
