Total Considers Investing in Iraqi Natural-Gas Projects

By Khalid Al-Ansary and  Zainab Fattah (Bloomberg) -- Total SE is considering natural-gas investments in Iraq, according to the Middle Eastern nation’s government. The two sides held talks this week about projects in western Iraq and near the southern energy hub of Basra, the Iraqi oil ministry said in a statement. They hope to reach an agreement soon, the statement said

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UK hosts Iraqi Prime Minister for talks – October 2020

Originally published 23 Oct 2020 UK hosts Iraqi Prime Minister for talks on essential economic and security reforms. Today the UK launched the Iraqi Economic Contact Group to mobilise international support for an urgent economic reform programme. A three-year project worth £6 million will also be set up by the UK to provide world-leading expertise to and improve secu

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How Siemens is helping Iraq fight $12bn of electricity theft a year

Iraq lost an estimated $12bn to electricity theft, the country’s former electricity minister Luay Al Khateeb said earlier this year German industrial giant Siemens is in discussions with Iraq's government to advance work on phase two of its $15 billion roadmap for power rehabilitation, as it also helps the country stem technical and piracy-related losses. "There are two p

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SAMYA KULLAB* Bloated public salaries at heart of Iraq’s economic woes

BAGHDAD (AP) Long-time Iraqi civil servant Qusay Abdul-Amma panicked when his monthly salary was delayed. Days of waiting turned to weeks. He defaulted on rent and other bills. A graphic designer for the Health Ministry, he uses about half his salary to pay his rent of nearly 450,000 Iraqi dinars a month, roughly $400. If he fails to pay twice in a row his landlord will evict

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