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Wednesday, February 10, 2016

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News - Iraq

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China, Iraq to Work on Energy Cooperation

China and Iraq On Tuesday signed a memorandum of understanding (MoU) pertaining to energy partnership. According to Xinhua Finance Agency, the memorandum envisages a long-term, stable energy partnership between the two countries. They agreed a long-term and comprehensive strategic partnership on energy...

Dana Gas Wins Kurdistan Arbitration Ruling

Sharjah based Dana Gas led consortium has won a $1.98 billion long-term contract arbitration ruling against Kurdish Regional Government (KRG). The company on Sunday said the London Court of International Arbitration (LCIA) on the Friday 27th of November 2015 ordered KRG to pay to the companies...

Iran, Iraq Sign Six Year Gas Deal

Iran has signed a six year deal to supply gas to Iraqi city of Basra, second such deal between the two countries. As per the deal signed by National Iranian Gas Company (NIGC) head Reza Araqi and Iraqi Deputy Minister of Electricity Khalid Hassan Saleh, Tehran will supply 20 mcm/d of natural gas...

Iran, Iraq to Sign Supplementary Gas Deal

Iran will sign a supplementary agreement on Wednesday with Iraq regarding gas exports. As per the agreement Iranian gas exports to Iraq will increase from current 25 mcm/d to 35 mcm/d, state owned Shana News reported quoting an Iranian National Oil Company (NIOC) official. “Iranian deputy petroleum...

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