IRAQ

Contractor delays stall 640-megawatt power project in Iraq’s Kirkuk governorate – EQ Mag

June 15, 2023

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Installation of two gas turbines slated to be completed by mid-2024 Iraq plans to complete the installation of two gas-fired turbines for a 640-megawatt (MW) power plant, located in Dibs district in the northern Kirkuk Governorate by mid-2024, a spokesperson for the Ministry of Planning said. Abdel Zahra Al-Hindawi told Zawya Projects that the power […]

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IRAQ

Iraq to pay $2.76bln in gas and electricity debt to Iran – EQ Mag

June 12, 2023

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Due to decades of conflict and sanctions, Iraq is dependent on imports from Iran for a lot of its gas needs BAGHDAD : Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said. Iraqi […]

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IRAQ

TotalEnergies to begin work on 1-GW solar project in Iraq – EQ Mag

June 8, 2023

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France’s TotalEnergies is pushing ahead with plans to build a 1,000 megawatt solar power project in Iraq after the project was endorsed by Baghdad last week, according to a statement by the Iraqi Electricity Ministry. Electricity Minister Ziad Fadil gave the green light for the project in the Southern port of Basra during talks with […]

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IRAQ

Iraq allocates $417 million for new marine pipeline – EQ Mag

June 1, 2023

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Baghdad : In a step aimed at boosting oil exports, the Iraqi government allocated about $417 million to build a third offshore oil export pipeline, Sky News Arabia reported. The Basra Oil Company (BOC) announced on Monday that strategic projects for infrastructure, production, and export will be carried out. The Director of BOC, Bassem Abdul […]

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IRAQ

Iraqi Kurdistan’s first solar plant helps with power outages, boosts agriculture – EQ Mag

May 25, 2023

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The Kurdistan Regional Government’s efforts to increase renewable energy usage come amid persistent electricity shortages throughout Iraq, as well as rising environmental concerns. Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani unveiled a planned solar power plant in Erbil last week that stands to benefit the agriculture sector as well as chronic electricity shortages. Kurdistan […]

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IRAQ

Total’s $27 billion Iraq project expected to begin in two weeks, oil minister says – EQ Mag

May 4, 2023

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BAGHDAD : Iraq and TotalEnergies (TTEF.PA) expect to kick-start a long-delayed $27 billion project within the next two weeks, Iraq’s oil minister Hayan Abdel-Ghani said on Wednesday. Abdel-Ghani said at a conference in Baghdad he expected five side agreements related to the deal to be signed in the next two weeks, paving the way for […]

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IRAQ

These are the top clean energy sector trends this year – EQ Mag

April 27, 2023

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The US has become a leader in low-carbon hydrogen production thanks to new policies, S&P says S&P Global has identified key trends in the renewable energy sector this year, as the industry recovers from the effects of the pandemic and supply chain disruption. Renewable energy adoption underwent a significant boost last year due to the […]

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IRAQ

TotalEnergies to develop natural gas resources in Iraq – EQ Mag

April 13, 2023

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Gas Growth Integrated Project will require an investment of US$10 billion QatarEnergy has agreed to take a 25% share in the Gas Growth Integrated Project (GGIP), a multibillion-dollar project aimed at developing the natural gas resources of Iraq. The GGIP consortium will be composed of Basra Oil Company (30%), TotalEnergies (operator – 45%), and QatarEnergy […]

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IRAQ

Iraq is committed to OPEC’s production cut, says minister – EQ Mag

March 20, 2023

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Iraq is committed to maintaining its 220,000 barrel per day oil output cut in line with its quota under the latest OPEC+ agreement, Iraqi Oil Minister Hayan Abdel-Ghani said on Sunday. The country is also ready to increase production if required to do so by producer group OPEC+. “We obliged some oil companies operating in […]

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IRAQ

Iraq plans to contract 1,000-MW solar project – EQ Mag

March 16, 2023

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Iraq is preparing to sign a contract for a solar project with a capacity of 1,000 MW, oil minister Hayan Abdul Ghani said on Sunday. Speaking on the sidelines of the two-day Iraq Climate Conference in Basra, the minister told the Iraqi News Agency (INA) that the project is large and exemplary for the use […]

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