Iraq is not discussing the purchase of the Russian S-400 missile defense system, Iraq’s ambassador to Russia has told Rudaw, following rumors Baghdad is in the market for such a system to counter recent Israeli airstrikes on Iraqi territory.

There haven’t been and there aren’t any discussions or consultations between the Iraqi government and the Russian government concerning the acquisition of S-400 weapons,” the Iraqi ambassador said.

More here.

(Source: Rudaw)

(Picture: Соколрус)

By John Lee.

Foreign Minister Mohamad A. Alhakim received a copy of the credentials of the Dutch Ambassador to Baghdad Mr. Eric Strating.

The bilateral relations between Baghdad and The Hague were discussed, as well as methods for enhancing fruitful bilateral cooperation in various fields, in addition to cooperation and coordination in international forums to meet the aspirations of the two people.

Minister Alhakim stressed Baghdad’s aspiration to develop cooperation with the Netherlands in economic fields, especially infrastructure and and energy and expressed the readiness of the Foreign Ministry to provide everything possible for the success of the Dutch mission in Baghdad in the framework of the development of bilateral relations.

(Source: Iraqi Foreign Ministry)

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News

New pipeline in works to transport Iraqi oil to Turkey

Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per day from Iraq’s Kirkuk fields to the Turkish border.

“The Iraqi government is now examining tenders for the new oil pipeline between Iraqi and Turkey, after having finished with the engineering and technical studies,” Iraqi Ministry of Oil spokesperson Assem Jihad told Al-Monitor recently.

He added that construction will probably get underway in 2020.

Click here to read the full story.

By John Lee.

Foreign Minister Mohamad A. Alhakim has received a copy of the credentials of Swedish Ambassador to Iraq Mr. Lars Ronnås.

The two sides discussed bilateral relations and ways of enhancing them to serve the interests of the two friendly peoples.

Minister Alhakim expressed Baghdad’s aspiration for a greater role for Sweden in various fields, stressing Baghdad’s interest in enhancing communication between officials of the two countries and opening channels for bilateral cooperation, calling for the need to continue working to raise the levels of coordination and consultation at all levels.

Minister Alhakim expressed the readiness of the Foreign Ministry to provide all facilities to the diplomatic mission to achieve the common interests of the two countries.

(Source: Iraqi Foreign Ministry)

By John Lee.

Germany’s Siemens and Egypt’s Orascom Construction signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq.

The plants will have a combined generation capacity of 1.6 gigawatts (GW) when completed and are a major step in Siemens’ roadmap for rebuilding Iraq’s power sector that has already added more than 700 megawatts to Iraq’s grid.

Work at Baiji, which is about 250 km north of Baghdad, will begin once the contracts are approved by Iraq’s Council of Ministers and a financial agreement is reached with the Ministry of Finance. The projects are expected to be completed within 28 months after the financial closing.

The power plants in Baiji were severely damaged by Islamic State militants. Recovering the lost capacity from the plants will help Iraq power its biggest oil refinery located in the city, a concrete plant, and will provide electricity to thousands of homes in Salahuddin province and other areas.

Iraq’s Electricity Minister Luay al-Khateeb, Siemens AG’s Joe Kaeser (pictured) and Osama Bishai, the CEO of Orascom Construction, witnessed the signing of the agreement on the sidelines of the Iraq Energy Forum 2019 in Baghdad.

Siemens will supply four new SGT5-2000E gas turbines and will inspect and revamp six exiting ones. The company will also provide two 400kV and one 132kV substations, along with generators, auxiliaries, automation and control systems, and related electrical equipment.

Dietmar Siersdorfer, CEO Siemens Middle East and UAE, said

“Iraq’s economic transformation is picking up pace, and this project demonstrates Siemens’ commitment to help Iraq’s Ministry of Electricity provide efficient and reliable power to all its people. We are proud to begin this project to help Iraqis in liberated areas recover and prosper.”

Discussing the deal, Karim Amin, CEO of Power Generation at Siemens AG, said:

The reconstruction of Baiji 1 and 2 power plants mark the second phase of our roadmap in Iraq and will be the biggest so far in terms of power generating capacity when both plants are completed.

“The rebuilding of Baiji will secure 1.6 gigawatts and will create hundreds of jobs, which is a further demonstration of Siemens’ commitment to support knowledge transfer to the Iraqi people.”

Siemens’ footprint has been expanding in Iraq and the company is now active at over 20 locations, from Basra to Erbil. Siemens also has some recent experience in Baiji.

Earlier this month, Siemens delivered power equipment to ensure constant electricity for a clinic being built in the city and will also donate Siemens medical equipment for the facility. Al-Tawheed Center is expected to open this year and will be able to treat 10,000 patients a year.

Siemens and Iraq’s Ministry of Electricity signed an implementation agreement to kick off the execution of the roadmap for rebuilding Iraq’s power sector in April 2019. Within the implementation agreement, the two agreed on the award of contracts valued at approximately €700 million for Phase 1 of the Roadmap.

(Source: Siemens)

By John Lee.

Germany’s Siemens and Egypt’s Orascom Construction signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq.

The plants will have a combined generation capacity of 1.6 gigawatts (GW) when completed and are a major step in Siemens’ roadmap for rebuilding Iraq’s power sector that has already added more than 700 megawatts to Iraq’s grid.

Work at Baiji, which is about 250 km north of Baghdad, will begin once the contracts are approved by Iraq’s Council of Ministers and a financial agreement is reached with the Ministry of Finance. The projects are expected to be completed within 28 months after the financial closing.

The power plants in Baiji were severely damaged by Islamic State militants. Recovering the lost capacity from the plants will help Iraq power its biggest oil refinery located in the city, a concrete plant, and will provide electricity to thousands of homes in Salahuddin province and other areas.

Iraq’s Electricity Minister Luay al-Khateeb, Siemens AG’s Joe Kaeser (pictured) and Osama Bishai, the CEO of Orascom Construction, witnessed the signing of the agreement on the sidelines of the Iraq Energy Forum 2019 in Baghdad.

Siemens will supply four new SGT5-2000E gas turbines and will inspect and revamp six exiting ones. The company will also provide two 400kV and one 132kV substations, along with generators, auxiliaries, automation and control systems, and related electrical equipment.

Dietmar Siersdorfer, CEO Siemens Middle East and UAE, said

“Iraq’s economic transformation is picking up pace, and this project demonstrates Siemens’ commitment to help Iraq’s Ministry of Electricity provide efficient and reliable power to all its people. We are proud to begin this project to help Iraqis in liberated areas recover and prosper.”

Discussing the deal, Karim Amin, CEO of Power Generation at Siemens AG, said:

The reconstruction of Baiji 1 and 2 power plants mark the second phase of our roadmap in Iraq and will be the biggest so far in terms of power generating capacity when both plants are completed.

“The rebuilding of Baiji will secure 1.6 gigawatts and will create hundreds of jobs, which is a further demonstration of Siemens’ commitment to support knowledge transfer to the Iraqi people.”

Siemens’ footprint has been expanding in Iraq and the company is now active at over 20 locations, from Basra to Erbil. Siemens also has some recent experience in Baiji.

Earlier this month, Siemens delivered power equipment to ensure constant electricity for a clinic being built in the city and will also donate Siemens medical equipment for the facility. Al-Tawheed Center is expected to open this year and will be able to treat 10,000 patients a year.

Siemens and Iraq’s Ministry of Electricity signed an implementation agreement to kick off the execution of the roadmap for rebuilding Iraq’s power sector in April 2019. Within the implementation agreement, the two agreed on the award of contracts valued at approximately €700 million for Phase 1 of the Roadmap.

(Source: Siemens)

Iraq has signed a landmark deal with the Gulf Cooperation Council (GCC) for a power line to import 500 megawatts of electricity by 2020, local reports said on Sunday.

According to the Iraqi Electricity Ministry, the 300-kilometre line will run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC.

Electricity Minister Lo’ai [Luay] Al-Khatteeb (pictured) signed the agreement with the head of the GCC Interconnection Authority, Ahmad Ibrahim, on the sidelines of an energy conference held in Baghdad.

This is the first deal of its kind with the GCC,” explained Al-Khatteeb. Iraq is also in separate talks with neighbours Saudi Arabia, Jordan and Turkey to import electricity.

This first step will pave the way to discuss further and higher capacity projects,” the minister added, “not only to supply Baghdad and northern Iraq but also as a pathway to other countries.

(Source: Middle East Monitor)

Iraq has signed a landmark deal with the Gulf Cooperation Council (GCC) for a power line to import 500 megawatts of electricity by 2020, local reports said on Sunday.

According to the Iraqi Electricity Ministry, the 300-kilometre line will run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC.

Electricity Minister Lo’ai [Luay] Al-Khatteeb (pictured) signed the agreement with the head of the GCC Interconnection Authority, Ahmad Ibrahim, on the sidelines of an energy conference held in Baghdad.

This is the first deal of its kind with the GCC,” explained Al-Khatteeb. Iraq is also in separate talks with neighbours Saudi Arabia, Jordan and Turkey to import electricity.

This first step will pave the way to discuss further and higher capacity projects,” the minister added, “not only to supply Baghdad and northern Iraq but also as a pathway to other countries.

(Source: Middle East Monitor)

By John Lee.

Dutch company Royal Boskalis Westminster has signed a ‘memorandum of principles’ to construct an industrial island for the Basra Oil Company (BOC) in Iraq’s territorial waters in the Gulf.

Iraqi oil minister Thamir Ghadhban said the project will add export capacity of 3 million barrels per day (bpd).

The Dutch Ambassador to Baghdad, Eric Strating, said his country’s companies want to develop and strengthen relations with Iraq in all areas, especially in the field of energy.

On behalf of Boskalis, Ko de Blaeij said detailed studies would be completed within one year, with construction taking a further two years. He added that the company has been working In Iraq for more than three decades.

The project includes the construction of an integrated industrial island, a breakwater anchorage, two offshore pipelines and 4 berths, in addition to a residential complex and other service facilities.

(Source: Ministry of Oil)