IRAQ

IRAQ

GE to help Iraq further strengthen power infrastructure – EQ Mag

February 20, 2023

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Iraq’s Ministry of Electricity (MoE) to explore opportunities to increase output through establishing new power plants Iraq : GE has signed Principles of Cooperation (PoC) in Energy with Iraq’s Ministry of Electricity (MoE) to explore opportunities to increase output through establishing new power plants and expanding capacity at existing facilities. The deal also provides for […]

IRAQ

Russia’s Lavrov in Iraq for Energy Talks – EQ Mag

February 9, 2023

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BAGHDAD : Russian Foreign Minister Sergei Lavrov arrived in Iraq on Sunday for talks on energy and food security in view of the Ukraine conflict, an Iraqi foreign ministry spokesman said. He landed in Baghdad late on Sunday at the head of a large delegation that includes “oil and gas companies and investors,” Ahmed al-Sahhaf […]

IRAQ

Iraq confirms ‘problems’ with Total’s $27bn energy deal – EQ Mag

February 6, 2023

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Iraq’s oil ministry has confirmed it is having “some problems” finalising the terms of a multi-billion dollar energy deal agreed with TotalEnergies, but said it is committed to “moving forward” with the agreement. In 2021 TotalEnergies agreed to spend $27bn of capital and operating expenditure across four oil, gas and solar projects over a 25-year […]

IRAQ

Iraq Hopes Talks Can Resolve Hitches In $10 Bn Total Deal – EQ Mag

February 6, 2023

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Iraq admitted Thursday it had differences with France’s TotalEnergies over a $10-billion contract, including over the distribution of investments, but expressed hope they can be resolved through talks. “We have given ourselves time to continue the dialogue and reach a satisfactory solution for the parties involved regarding certain points of contention, including the percentage of […]

IRAQ

Basra Oil Company head expects Qatar to take 20-25% stake in TotalEnergies’ Iraq project – EQ Mag

February 6, 2023

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A major investment in the projects by a Gulf state would be an important win for Iraqi Prime Minister Mohammed al-Sudani, who took office last October following more than a year of political turmoil BASRA, Iraq : The head of Iraq’s Basra Oil Company (BOC) told Reuters on Wednesday that he expects Qatar to acquire […]

IRAQ

Iraq, France ink agreements to increase financial relations – EQ Mag

January 30, 2023

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Iraq and France have inked many agreements against at bringing Baghdad more near to Paris economically. Iraqi Premier Mohammed Shia Al Sudani went to Paris on Thursday for his first official trip as leader and assembled with French President Emmanuel Macron. Both sides “signed a treaty that seeks to strengthen bilateral relations in anti-corruption, security, […]

IRAQ

Iraq eyes gradual transition to renewable energy: Official – EQ Mag

January 30, 2023

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ERBIL, Kurdistan Region : Iraq is looking for a gradual transition to renewable energy, an official from the environment ministry said on Sunday, adding that several deals have been concluded, but yet to be implemented on the ground. “One of the most important matters of concern to the Ministry of Environment is the shift towards […]

IRAQ

Iraq’s Ministry of Electricity signs MoU with Siemens Energy – EQ Mag

January 16, 2023

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Berlin : A Memorandum of Understanding (MoU) was signed between the Iraqi Ministry of Electricity and Siemens in Berlin. The event happened during Iraqi Prime Minister Mohammed Al-Sudani’s official visit to Germany. Ziyad Ali Fadel, the Iraqi Minister of Electricity, and Christian Bruch, the CEO of Siemens Energy, signed the MoU. The agreement included a […]

IRAQ

Iraq unveils plan for 4,000 MW combined cycle power plants – EQ Mag

January 12, 2023

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OPEC member Iraq is planning to use build combined cycle power plants totaling 4,000 megawatts (MW) in the next two years, the country’s Electricity Minister was quoted on Tuesday as saying. The projects are part of a post-war plan to tackle a persistent power supply shortage and lessen reliance on imported energy, Ziad Fadil said. […]

IRAQ

Cabinet approves 200-MW Solar Plant in Karbala – EQ Mag

January 12, 2023

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The Iraqi government has approved the recommendation of the Ministerial Council for Energy (59 of 2022) to build a new 200-MW solar power plant in Karbala governorate. The decison was made at this week’s cabinet meeting, chaired by Prime Minister Muhammad Shia Al-Sudani. In December 2021, the Cabinet approved a the contract for the construction […]

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