By John Lee. Iraq's Deputy Minister of Oil for Gas Affairs, Dr Izzat Sabir Ismail, addressed the Gas Exporting Countries Forum (GECF) meeting in Moscow on Tuesday, outlining the country's priorities for developing both free gas and associated gas resources. According to the Ministry of Oil, Dr Ismail described gas sector development as a national […]
By John Lee. A business delegation from Türkiye, comprising business owners, entrepreneurs, and investors who are members of the Foreign Economic Relations Board (DEİK), has met with Kurdistan Region Prime Minister Masrour Barzani in Erbil. The meeting was also attended by Anıl Bora İnan, Ambassador of Türkiye to Iraq, and Erman Topçu, Consul General of […]
By Gökçe Nur Ataman, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts US Oil Giants to Secure New Export Routes Chevron and ConocoPhillips are pursuing different paths into Iraq's oil sector, but the $60 billion in announced deals […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Water Reserves Seven Times Higher than Last Year: PM Adviser Iraq's stored water reserves have increased more than seven-fold compared with the same period last year, as heavy rainfall has replenished dams and […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […]
By John Lee. Iraq's oil export rate has reportedly risen to more than 3.4 million barrels per day (bpd) in the current month, up from an average of 3 million bpd recorded in September. Exports are being routed via the Strait of Hormuz, the Turkish port of Ceyhan, and through pipeline infrastructure via Syria. Minister […]
By John Lee. An Iraqi-registered truck has completed a round trip to Mardin in Turkey under the TIR international road transport convention, loading goods there before returning through Iraq to Amman, Jordan. According to the Ministry of Transport, this is the first time an Iraqi truck has made such a journey under the agreement. The […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Russian Business Council Eyes Kurdistan as Gateway to Iraqi Market The Kurdistan Region is a gateway to the wider Iraqi market for Russian companies seeking to expand their presence in the country, the executive […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey to Gain from Upcoming Oil Pact with Iraq Turkey will gain from an expected oil pact with Baghdad that replaces a decades-old deal governing Iraq's […]
By John Lee. A dark fibre agreement has been signed between OFN, the international connectivity arm of Asiacell parent Ooredoo Group, and iQ Networks, an Iraqi fibre-optic infrastructure provider, to enable terrestrial transit connectivity across Iraq towards Türkiye and Europe. According to Ooredoo Group, the agreement supports the overland component of a planned integrated connectivity […]
By John Lee. Iraq completed 1,120 cross-border freight trips under the TIR transit system in September, with cargo moving from Turkey and Europe towards Gulf states and Jordan. According to the Ministry of Transport, the journeys were carried out by the General Company for Land Transport, a subsidiary of the ministry, and operated under formal […]
