In the second half of February 2014, Iraq’s government approved the award of two licences for private investment in two combined cycle electricity generation plants totalling 4,500 MW in capacity. More information on the particulars of these deals was revealed by senior members of the government at a conference in Dubai that same month reported in the specialist media. The bas
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An oil refinery construction agreement between Iraq's Mosul province and the Kurdish Regional Administration was signed on Monday, says Mosul governor.The agreement includes the sharing of oil extracted from the disputed areas between Mosul and the Kurdish Regional Administrationm (KRG) in support of the Mosul province, said Nujaifi and added, "This agreement will change Iraq'
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The site of fisherman sailing on the Shatt al -Arab waterway had become a thing of the past. Southern Iraq's marshlands have been revived recently which is encouraging the fishermen in a new way and boat maker of that region are finding new hopes for their businesses. During 1990, the area was completely dumped and drained by the president of Iraq at that time, Mr. Saddam Huss
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Iraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security concerns. Rising violence has not hit operations at the southern fields driving Iraq's oil expansion, but Western companies at work there say det
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Download PDF Iraq’s development and the development of its oil sector are interwoven and should be viewed in a wider perspective. The Iraqi economy will, for a foreseeable future, depend on oil revenues to finance its investments and buttress its operations. In the longer term, Iraq’s stability and prosperity will depend on how successful it is in establishing a sustainable b
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