ARTICLE SUMMARY To help further develop Iraq’s energy sector, parliament recently passed a law that establishes the National Oil Company for oil extraction and manufacturing. The Iraqi parliament voted March 5 on the National Oil Company draft law, which regulates oil production and exports and fairly distributes its revenues to the different regions of Iraq. The clauses o
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U.S. support for Iraqi oil export projects involving Turkey, the Gulf, and Europe can help keep undue Iranian influence at bay. Despite a fifteen-year security crisis that would have sunk most societies, Iraq has registered year-on-year oil production increases that make its energy sector a global success story. Going forward, Iraqi hydrocarbons will either be exploited by I
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Ali Al Zahid, CEO of Zain Iraq, is confident that the youth-centric telecomms operator's digital investments will pave the way for a brighter future for the company as well as the country Al Zahid thinks that it’s essential for the government to involve major companies like Zain Iraq in discussions that affect the economy, given the fact that these organisations make a signi
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The Iraqi State Organization for Marketing Oil (SOMO) announced Nov. 2 that it is arranging with Turkey to allow SOMO to sell Iraqi crude from the disputed territories through the pipeline from Kirkuk to the Ceyhan Turkish port. The Kurdistan Regional Government (KRG) used to export about 500,000 barrels per day independently through Ceyhan before the Baghdad operation to ret
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A few months into his term Iraqi Prime Minister Haider Al-Abadi laid out his vision for reforms in front of global leaders at the World Economic Forum in Davos. By the summer of 2015 his political reforms had grabbed all the headlines, overshadowing the reforms he was bringing to the military and economy. But as the fight against Da’ish draws down, the focus has turned back t
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