By John Lee.

At the weekly cabinet meeting on Tuesday it was agreed that the Ministry of Planning will finance the replacement of the water channel known as Al-Bada’a canal with a 238-km water pipeline.

According to a government statemet, this will help reduce water scarcity and increase access to safe drinking water in Basra.

(Source: Govt of Iraq)

The post New 238-km Water Pipeline to serve Basra first appeared on Iraq Business News.

By John Lee.

Iraq’s Oil Minister, Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail], will reportedly become the head of a recently-revived Iraq National Oil Company (INOC).

Mr Ismael was previously the director general of the state-run Basra Oil Company (BOC); he joined the cabinet of Prime Minister Mustafa Al Kadhimi in June.

More here.

(Source: The National)

The post Iraqi Oil Minister to head INOC first appeared on Iraq Business News.

By John Lee.

Iraq’s Oil Minister, Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail], will reportedly become the head of a recently-revived Iraq National Oil Company (INOC).

Mr Ismael was previously the director general of the state-run Basra Oil Company (BOC); he joined the cabinet of Prime Minister Mustafa Al Kadhimi in June.

More here.

(Source: The National)

The post Iraqi Oil Minister to head INOC first appeared on Iraq Business News.

By Christophe Michels, Managing Director of the Iraq Britain Business Council (IBBC).

Engineer Rasmi Al Jabri passed away suddenly yesterday on a walk outside his home in Erbil. He will be missed by his family, his tribe and his many friends, colleagues and admirers.

Rasmi was born 1939 in the city of Qurnah in Southern Iraq, where the two great rivers meet and where, it is said, the Garden of Eden once stood. His long and beautiful life encompasses the rise and fall of Iraq in the 20th century and the struggle for Iraq following the war of 2003. Rasmi was a true patriot who cut across political, ethnic, and religious divisions, which all rather seemed strange and artificial to him. He was a man of exceptional integrity with wonderful humour. He loved being part of the community he happened to be in and spoke to all people around him treating them with equal respect, be they ministers, mullahs, taxi drivers or waiters.

Rasmi was constantly on the move in Iraq, in the Middle East, Europe, and Canada, but he never left his home country for long. This happened only once to complete his studies as chemical and petroleum engineer in Birmingham. He loved and admired the United Kingdom and he fully dedicated his last years to building ties between Iraq and the UK. His work with IBBC was purely voluntary and his achievements were so great that you could not have advertised for someone to do the same.

He started with IBBC as an early member representing his company the Basrah Engineering Group (BEG). After a few years he decided to hand BEG over to his associates and to fully engage with IBBC. He first joined our Executive Committee, and soon afterwards became our Iraq Representative to finally join the IBBC Board and become Deputy Chairman.

He worked tirelessly at resolving problems of our Members in Iraq, but his real delight was to organise large delegations of Iraqi businessmen from all regions of Iraq to attend events in London. This effort culminated in over 400 Iraqi businessmen coming to the UK thanks to his efforts last year alone. There is an argument to be made that these businessmen did little business during their visits but this missed the fundamental point that having them leave Iraq and visit the UK was a crucial achievement in itself. It opened a first door to the wider world for many of them and at the same time created a unique feeling of cohesion and patriotism between these large and diverse groups of Iraqis, who found themselves visiting a western country often for the first time.

For more than a year now Rasmi has been working closely with our Baghdad office manager Muhanad Al Khatab, particularly when it comes to the organisation of these Iraqi delegations. I know that Muhanad who had deep sympathies for Rasmi and resembles him in many ways will continue this important work in the years to come.

In July of last year Rasmi, Brigadier James Ellery and myself visited Ramadi following an invitation of our friend and former MP of Ramadi Jaber Al Jabri. When we arrived at Jaber’s residence we found the great reception hall filled with maybe 50 or 60 dignitaries representing the tribes and the political and academic elites of Anbar. For 2 hours Rasmi spoke to all present about IBBC, the United Kingdom and Iraq, and why we had come to visit, and he listened and responded to all the comments made and questions asked. It was a very lively discussion which Rasmi mastered completely on his own talking to these important people whom he had never met before. Our excursion to Ramadi was indeed successful with the Governor of Anbar visiting IBBC in the UK only a few months later.

The day of Rasmi’s demise I spoke with him as I did almost every day and told him that one of our Members was in advanced discussions with Anbar governorate to engage in a major infrastructure project. This news pleased him, but did not surprise him, after all was it not the logical thing to happen?

Sayyid Rasmi whom I have never seen wearing a black turban and who in bars and cafes amused himself and others by ordering a gin and tonic without gin, will be deeply missed. It was a true privilege and blessing to have known him so well.

The post Rasmi Al Jabri, 1939 – 2020 first appeared on Iraq Business News.

Pakistan’s federal cabinet gave formal approval to the launch of a ferry service from Karachi and Gwadar ports to neighboring states of Iran, Iraq, and beyond.

At present, there is no international or national commercial ferry service operating in Pakistan for the purpose of transportation of passengers and goods.

According to Pakistan Today, the potential for initiating a ferry service in Pakistan has been felt for quite some time, especially in the context of providing an alternate route for pilgrims intending to visit holy sites in Iran and Iraq.

The Pakistani Ministry of Foreign Affairs and the Ministry of Interior endorsed the proposal, but the Defence Division had raised various observations/conditions on the proposed ferry service.

Hence, the Prime Minister’s Office returned the summary with the directions to address the observations of the defense ministry and re-submit the same within the shortest possible time.

Subsequently, the maritime affairs ministry re-submitted the proposal along with a response to the observations raised by the Ministry of Defence. It proposed a slightly changed route and involvement of private operators. The Defence Division supported the proposal but stressed that ferry service should be launched in three phases.

The Defence Division recommended ferry services to Muscat and then to UAE and Abu Dhabi in first and second phases, respectively, and later to Iran/Iraq in the third phase. The ministry was of the view that ferry service without Iran/Iraq, a popular destination for the pilgrims, in the first phase shall not be commercially viable.

The foreign affairs and interior divisions endorsed the proposal of this ministry subject to addressing the security concerns raised by the Ministry of Defence. The re-submitted proposal was returned by the Prime Minister’s Office, with the direction to convene a meeting of the relevant stakeholders in order to address all the observations/concerns, including those raised by FBR and defence ministry and thereafter submit recommendations.

On Tuesday, the ministry proposed starting ferry service from Karachi (Karachi Port), linking Port Qasim and Gwadar Port with Bandar Abbas (Iran), Basra (Iraq), Muscat (Oman) and Dubai (UAE) separately or collectively.

The ferry terminals at Karachi Port, Port Qasim and/or Gwadar Port would be established by the respective port authorities, replicating all the operational facilities related to security, immigration, customs etc. as that of any international airport in the country in collaboration with other ministries.

(Source: Tasnim, under Creative Commons licence)

The post Pakistan to Launch Ferry Service to Iraq first appeared on Iraq Business News.

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Protesters in southern Iraq have given the local governor until now to either resign or face more unrest.

The rallies have been sparked by the killings of several prominent activists and people are demanding those responsible be held to account.

Prime Minister Mustafa al-Kadhimi is in Basra to find a solution to the crisis.

Al Jazeera’s Dorsa Jabbari has the latest from the capital, Baghdad.

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

Iraq’s al-Faw port project’s endless delays

Although 10 years have passed since the Iraqi government started laying the groundwork for the al-Faw grand port in southern Iraq, the project is still far from completion.

Iraqi minister of transportation Nasser Hussain Bandar said Aug. 15 that his ministry is planning to sign a contract with the South Korean company Hanwha for resuming the al-Faw project.

Click here to read the full story.

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

Iraq’s al-Faw port project’s endless delays

Although 10 years have passed since the Iraqi government started laying the groundwork for the al-Faw grand port in southern Iraq, the project is still far from completion.

Iraqi minister of transportation Nasser Hussain Bandar said Aug. 15 that his ministry is planning to sign a contract with the South Korean company Hanwha for resuming the al-Faw project.

Click here to read the full story.

From GE:

With growing demand for electricity, especially to meet the requirements during peak summer, the Government of Iraq is accelerating its focus on strengthening the nation’s power infrastructure through two new agreements signed with GE.

A long-term partner committed to meeting the future electricity needs of the nation, GE signed the agreements, valued at over US$1.2 billion, with the Iraqi Ministry of Electricity to execute the power sector projects that will secure reliable power supply across the country.

Accordingly, GE Gas Power will undertake contracts valued at US$500 million for the upgrade and maintenance of key power plants in the country, which are mission-critical to sustain the power supply of over 6,000 MW and scale up operational efficiency.

Further, GE’s Grid Solutions, having secured a contract valued at US$727 million in a landmark agreement, will reinforce Iraq’s transmission network and interconnection with the electricity grid of Jordan.

In addition to delivering the scope of services, GE will also work with multiple export credit agencies to facilitate the discussion of financing over US$1 billion for the projects.

In the presence of HE Mustafa Al Khadimi, Prime Minister of Iraq, senior officials of the Iraqi and US governments, the agreements were signed by HE Majid Al-Emara, Iraq’s Minister of Electricity and Michael Eshoo, Vice President & CFO, GE Gas Power.

A clear action plan for successful power generation

HE Majid Al-Emara, Iraq’s Minister of Electricity, said:

Our primary focus is to deliver uninterrupted electricity, especially during summer months, to meet the needs of our people and industry. To achieve this, we have already rolled out a clear action plan. Bringing world-class technology, especially to upgrade our power plants, and to ensure their seamless operation is a critical part of this strategy.

“The new agreements with GE, a leader in power technology, is an ideal fit for our requirements, and builds on the strong partnership we have with the company to deliver more power for the nation.

Scott Strazik, CEO for GE Gas Power, said:

GE has a long history in Iraq, and we continue to deliver on our promise to the nation and its people. In recent years, we have further accelerated our project execution to scale up and rebuild the country’s electricity infrastructure. As demand for power increases in tune with a growing population and to support industries and developmental projects, identifying gaps and addressing them is our focal area.

“We are thankful to the Iraqi government for their confidence in our capabilities to deliver power where and when needed. The new agreements will contribute to a more reliable and stronger power infrastructure, which is the top priority of the government.

Heiner Markhoff, Vice President and CEO of Grid Solutions at GE Renewable Energy, said:

This agreement is about more than electricity generation. It is about putting in place the necessary grid infrastructure and a sustainable approach to progress that will allow Iraq to truly drive forward positive change throughout the nation.

“We are incredibly proud to be able to continue to support the growth of a reliable and sustainable electricity infrastructure in Iraq. This partnership will be able to bring power to millions of people and enable economic development in the country.

Upgrades, maintenance and service

The service agreement is a mission-critical Maintenance & Upgrade Program between the Ministry of Electricity and GE Gas Power to execute the maintenance program across multiple sites in Iraq. GE will deploy its latest technology at the sites to be identified by the Ministry such as parts, repairs and services for power plants in Basra, Mosul, Baghdad and Karbala among others, which will maintain the supply of over 6,000 MW of power. This builds on 1.575 GW of new capacity that GE added since December 2019, and the sustained delivery of 4.325 GW to meet peak summer demand.

The reinforcement of Iraq’s transmission network

The agreement signed by GE’s Grid Solutions with the Ministry of Electricity will reinforce Iraq’s transmission network and interconnection with the electricity grid of Jordan, which will contribute significantly to decongesting the grid and securing reliable power supply. GE will execute the design, supply, installation testing and commissioning of high voltage substations and specific overhead transmission lines. This is a key initiative that will reinforce the smooth operations and delivery of uninterrupted power of the national grid across Iraq, including the liberated areas, which were adversely impacted during the strife supporting their reconstruction.

Committed partner in the progress of Iraq

GE is a committed partner in further strengthening the country’s energy infrastructure to meet the needs of the future. Building on its presence in the country for over 50 years, GE not only partners on short-term power generation to meet the peak summer demand but also on large-scale projects that will generate substantial power to meet residential and industrial needs. GE has also helped secure over US$2.4 billion in financing for energy sector projects in collaboration with export credit agencies, commercial banks and other organizations. With more than 300 employees, including FieldCore, a GE company, in Iraq currently, nearly 95 percent of them Iraqi professionals, GE’s teams are deployed in the toughest locations, bringing power where it is needed most.

(Source: GE)

JGC Holdings Corporation announced today that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry of Oil. Details of the project are as follows.

 
1. Client South Refineries Company

(Oil refining company under the Iraqi Ministry of Oil)

2. Construction location Basrah, Republic of Iraq

(Approx. 550 km SE of the capital of Baghdad)

3. Primary equipment(processing abilities) Fluid catalytic cracking unit (34,500 barrels/day),
vacuum distillation unit (55,000 barrels/day),
diesel desulfurization unit (40,000 barrels/day), etc.
4. Contract services Engineering, procurement, construction and commissioning
5. Contract type Lump sum contract
6. Order amount Approx. 400 billion JPY
7. Scheduled completion 2025

Iraq is one of the world’s leading oil-producing countries, with a confirmed crude oil reserve of 145 billion barrels and a daily crude oil production of 4.41 million barrels. However, the two refineries currently in operation were constructed in the 1970s and their production capacity has decreased due to war damage and deterioration. Unable to meet domestic demand for petroleum products, Iraq has to import petroleum products such as gasoline.

This upgrading of the Basrah refinery will newly install, on land adjacent to the existing Basrah refinery, fluid catalytic cracking unit, vacuum distillation unit, and diesel desulfurization unit, etc., thereby increasing production to 19,000 barrels/day of gasoline and 36,000 barrels/day of diesel fuel, making it possible to reduce the gap in supply and demand for petroleum products.

In addition, the petroleum products produced at the modernized refinery will meet international environmental standards and it is expected that they will contribute to reducing the environmental impact. This project is positioned as spearheading the modernization and sophistication of Iraq’s oil refining sector.

Funding for the project will be procured through Japanese ODA loans from the Japan International Cooperation Agency (JICA), and is the largest-scale reconstruction assistance from Japan since the 2003 Iraq War.

In carrying out this project, the Group plans to conduct skills training for more than 1,000 Iraqis and to hire approximately 7,000 skilled Iraqi workers. Furthermore, it is expected that more than 2,000 operating personnel jobs will be created after the project’s completion, which will contribute to solving the unemployment problem in Iraq

The Group completed a power station reconstruction project in Iraq in 2013, and this is the Group’s second project in Iraq. The Group will contribute to the reconstruction and economic development of Iraq through the successful completion of this project.

(Source: JGC)