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Posted on February 22, 2021

Iraq walks away from $2B upfront oil deal with China

Prepayment deals are rare in the oil world and this was meant to improve Iraq’s financial situation. While the government is still struggling, its position has improved on soaring oil prices, largely …

( read original story …)



Posted on February 22, 2021

Iraq walks away from $2B upfront oil deal with China

Prepayment deals are rare in the oil world and this was meant to improve Iraq’s financial situation. While the government is still struggling, its position has improved on soaring oil prices, largely …

( read original story …)



Posted on February 22, 2021

Iraq Duty Free welcomes rebuilt arrivals store in Basrah

Financial Links, operator of Iraq Duty Free, has completed Phase 4 of a renovation programmes across all of its duty-free stores at airports in Iraq. On 15 February, the retailer marked the opening of …

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Posted on February 22, 2021

Iraq’s Ministry of Interior and UNDP launch E-Learning Platform for Iraqi Local Police [EN/AR/KU]

Zena Ali-Ahmad, UNDP Iraq Resident Representative … and will ensure government business continuity during COVID-19 lockdowns.” According to Major General Ziad Al-Abbasi, Head of the Training …

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Posted on February 22, 2021

Iraq to freeze oil prepayments deal as oil prices rising

Chinese state oil trader Zhenhua Oil Corp had emerged as the frontrunner in a tender to buy Iraqi crude for five years …

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Posted on February 22, 2021

Iraq Freezes Oil for Pre-Payment Deal for Now, Oil Minister Says

Iraq, OPEC’s second-biggest producer, decided to halt its prepayment deal for oil with a Chinese company after prices rose, Iraq’s Oil Minister Ihsan Abdul Jabbar said in an interview with BBC Arabic.

( read original story …)



Posted on February 21, 2021

US Forces Stationed in Iraq Targeted Again

An Iraqi base hosting American forces on Saturday came under fire yet again, as four rockets hit Balad Air Base north of Baghdad, injuring at least one Iraqi civilian. Local security officials …

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Posted on February 21, 2021

Iraq plans to build 10 gigawatts of solar projects over 10 years

Iraq awarded seven projects to generate solar power as part of a plan to produce 10 gigawatts of solar energy by the end of 2030, Iraq Oil Minister Ihsan …

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Posted on February 21, 2021

Turkey launches probe into a pro-Kurdish MP over ‘Iraq visit’

Turkish prosecutors on Sunday launched a probe into a pro-Kurdish MP suspected of having travelled to a Kurdish-controlled region of Iraq where 13 Turkish hostages were killed in a failed rescue.

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Posted on February 21, 2021

Turkey probes pro-Kurd MP’s Iraq visit

Lawmaker is accused of being terrorist after visiting area where Turkish hostages died in botched rescue mission.

( read original story …)



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