Via BNE Intellinews, a report on growing Chinese investment in Iraq: Iraqi Prime Minister Mohammed Shia Al-Sudani confirmed on June 9 the possibility of linking China’s Belt and Road Initiative with Iraq’s strategic Development Road project during a meeting with Dai Houliang, chairman of China National Petroleum Corporation (CNPC). According to a statement from the […]
Read more »Via The Diplomat, a look at how China’s dominance in Iraq’s energy sector creates political interdependence between the two countries: China is the world’s largest crude oil importer, importing more than 11 million barrels daily. Almost half of this import need is supplied from Middle Eastern countries, although Russia is the single-largest supply of crude oil […]
Read more »Via GeoPolitics in South Asia, a report on Chinese interest in Iraq’s petroleum assets: According to Reuters, Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use. An Iraqi Kurdish company also […]
Read more »Via Diplomatic Courier, an article on Iraqi Kurdistan which was once seen as a beacon of promise in the troubled country, but things have changed in recent years. Corruption and a disregard for rule of law are worrying for prospective international investors who are now avoiding Kurdistan: Iraq’s semi–autonomous Kurdistan Region, which was once seen […]
Read more »Courtesy of Reuters, a report on growing Gulf investment interest in Iraq: Gulf Arab states pledge more investment in Iraq Ties growing after decades of strained relations Iraqi economy improving, helped by relative stability Questions remain over Iran’s influence In Baghdad’s Green Zone, a heavily fortified legacy from Iraq’s war-torn years, the glitzy Qatar-financed Rixos […]
Read more »Via World Cargo News, a report on AD Ports Group joining forces with Iraq’s General Company for Ports to develop Al-Faw Grand Port, poised to offer a strategic alternative to the Suez Canal: Abu Dhabi-based AD Ports Group has signed a preliminary agreement with the General Company for Ports of Iraq (GCPI) to establish a joint […]
Read more »