archive – Page 165 – Iraqi Economists Network

Iraq’s draft electricity law: what’s right, what’s wrong?. By Luay Al-Khateeb

The government wants to expand power generation capacity rapidly, but proposed new legislation is inadequate for the task, say Luay Al-Khatteeb and Harry Istepanian IRAQ's electricity sector has been in crisis since 2003, with citizens still facing long hours of blackouts despite the government's mammoth spending on electricity over the past 10 years. The sector has underperfo

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Revenue through oil export in Iraq is likely to increase for the month of April as Basrah Light crude to Asia sells at the highest rate in more than a year against Saudi prices and shipments expand. Iraq is set to export the most Basrah Light in at least two years next month, at the same time as the grade’s discount to Saudi crude is the narrowest in 17 months. Alexander Poegl,

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

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'