The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By Semih Idiz for Al-Monitor . Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It is no secret, thanks to frequent leaks to the media, that energy cooperation between Turkey and the Kurdistan Regional Government (KRG) is continuing apace. This, however, has not broken […]
By John Lee. Iraqi Kurdistan has finalized a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines. Reuters reports that the deals could see Kurdistan export some 2 million barrels per day (bpd) of oil to world markets and at least 10 billion cubic meters per year of gas to […]
By John Lee. An unidentified spokesman from the Turkish Energy Ministry has told the Platts that it's not possible to build a new oil pipeline in the time expected by Kurdish officials. Ashti Hawrami, the Kurdistan Regional Government's Minister of Natural Resources, is reported to have said last week that it would take less than […]
Minister of Foreign Affairs, Hoshyar Zebari, received on October 22, 2013 Chairman of the Foreign Relations Committee in the Turkish Parliament, Volkan Bozkir, the delegation accompanying him, and the Turkish Ambassador to Iraq, Faruk Kaymakci. During the meeting, the two sides discussed bilateral relations and ways to enhance cooperation between the Iraqi and Turkish parliaments […]
On the margins of the 64th annual session of the UNHCR Executive Committee meeting in Geneva, the high-level Iraqi delegation met with key officials to discuss political developments in Iraq, Kurdistan Region and the broader region, as well as the ongoing violence in Syria. The high-level Iraqi delegation, led by Iraqi Federal Foreign Minister, Mr […]
By John Lee. the Basra Iron & Steel Company (BISCO) has reportedly put its new rebar mill investment on hold due to regional political issues. A decision on further progress is expected to be taken after talks with the Basra Investment Commission (BIC) later in September. ArabSteel reports that BISCO, an investment by Isa Unal, […]
Prime Minister Nechirvan Barzani met Turkey’s Prime Minister Receb Tayyip Erdogan to discuss recent developments in the Middle East, bilateral relations, the situation in Syria, developments in Iraq and the preparations for the Kurdish national congress. Mr Barzani was accompanied by the Kurdistan Regional Government’s Deputy Prime Minister Emad Ahmed, Natural Resources Minister Ashti Hawrami […]
By John Lee. According to a report from World Bulletin, a new 750-megawatt (MW) power plant in Mosul city is planned to be completed and operating by September 2013. Build and run by Turkey's Calik Energy [Calik Enerji], it will be Iraq's fourth-largest power station; the company's other plant at al-Khairat in Karbala is the […]
By John Lee. Mass Global Investment Company has selected GE steam turbine technology to increase the efficiency and the output of the Erbil Power Plant in Iraq's Kurdistan region. In operation since late 2008, the Erbil plant plays a vital role in meeting the growing power needs of Kurdistan, Iraq. Under the new agreement, GE […]
The new Turkish Consul General in Erbil, Mr Mehmet Akif Inam, met with Minister Falah Mustafa as part of his courtesy calls with senior government officials. He previously served as a Counsellor in the Turkish Embassy in Washington DC. He replaces his predecessor, Mr Aydin Selcen. In welcoming him to his post in Erbil, Minister […]
By John Lee. Hurriyet Daily News reports that Doğuş Otomotiv, the automotive arm of Turkey’s Doğuş Holding, has said it has reached an agreement with Volkswagen and Audi to establish a company in Iraq. Doğuş Otomotiv will own 100 percent of the company that will deal with distribution and after-sale services for Volkswagen and Audi […]
By John Lee. Iraq has again failed to restart exports of crude oil via the Kirkuk-Ceyhan pipeline, reports UpstreamOnline. Pumping was suspended since 21st June due to a leak in the Ain al-Jash area, around 290 kilometres northwest of Baghdad. There was a brief restoration of service last week, but flows are again reported to […]
