Turkey


Turkey to supply more Water to Iraq

By John Lee.

Turkey has announced that it will increase water supplies to Iraq to compensate for a drop in supply from Iran.

According to Abu Dhabi-based The National, Iran has said it will cut water supplies to Iraq to prioritise projects within Iran.

Turkey depends on water from the Tigris to fill a reservoir behind its new Ilısu dam.

This summer, Iraq’s agriculture ministry banned the growing of water-intensive crops due to shortages.

(Sources: The National, Sabah, Rudaw)

Turkish FM meets New Iraqi Leadership, Discusses Oil

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

Turkish Foreign Minister Mevlut Cavusoglu (pictured) is due to travel to Iraq on Oct. 11 for a two-day official visit to the capital Baghdad and the Iraqi Kurdistan Region’s seat of government, Erbil.

Turkey’s Foreign Ministry said in a statement that Cavusoglu would be received by Iraq’s newly elected ethnic Kurdish President Barham Salih and that he would also meet with Iraqi political leaders and Turkmen representatives.

The trip, Cavusoglu’s first since August 2017, when he traveled to both capitals to lobby against the Iraqi Kurds’ ill fated independence referendum, is seen as an effort to re-assert Turkey’s heft in Iraq amid the receding fortunes of its local Sunni Arab allies.

Click here to read the full story.

Outgoing Abadi signs blow to Turkish Imports

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

While Turkey was eagerly anticipating a new government in Baghdad to sort out many problems with Iraq, a last minute decision by the outgoing prime minister has added a fresh item to the list of ongoing disagreements between the two countries.

Haider al-Abadi unexpectedly signed a decree to set up three new checkpoints in government-controlled areas in northern Iraq that will effectively slash Turkey’s trade with it.

The trucks that enter the country normally pass through the sole border crossing that is controlled by the Kurdistan Regional Government (KRG) and will now also have to pass at least one of these additional checkpoints.

Click here to read the full story.

Outgoing Abadi signs blow to Turkish Imports

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

While Turkey was eagerly anticipating a new government in Baghdad to sort out many problems with Iraq, a last minute decision by the outgoing prime minister has added a fresh item to the list of ongoing disagreements between the two countries.

Haider al-Abadi unexpectedly signed a decree to set up three new checkpoints in government-controlled areas in northern Iraq that will effectively slash Turkey’s trade with it.

The trucks that enter the country normally pass through the sole border crossing that is controlled by the Kurdistan Regional Government (KRG) and will now also have to pass at least one of these additional checkpoints.

Click here to read the full story.

Barzani opens Zakho Tunnel, promises more Infrastructure Projects

Prime Minister Nechirvan Barzani opened Zakho Tunnel in a ceremony attended by cabinet ministers, members of Parliament, the Republic of Turkey’s Consul General to the Kurdistan Region, and a number of KRG officials.

In a speech during the ceremony, Prime Minister Barzani said:

“Opening of this tunnel on this important international highway that links the Kurdistan Region and Iraq with Turkey is providing a major strategic service. The tunnel is a major development for local citizens and trade between Turkey, the Kurdistan Region, and Iraq.”

The Zakho Tunnel is 3600 meters long costing the Kurdistan Regional Government 143 million dollars. The KRG Ministry of Construction & Housing, Duhok Directorate of Roads and Bridges, and the Limak and Man Group construction companies were involved in completing the project.

Prime Minister Barzani said:

“Completion of this project is a major step in the Kurdistan Region that shows we are on the right track moving towards a better future for our citizens. This shows the will and capacity of the KRG to advance and serve the people. This is the mandate of steadfast people of the Region for the KRG to stand tall and not fall.”

Despite the difficult economic situation in the past four years, the KRG exerted great efforts to effectively complete some of the planned strategic projects.

(Source: KRG)

Video: Iraq close to Running Out of Water

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

Iraq is running out of water.

Its planning ministry says about 90 percent of land is now desert and the small amount of remaining farmland is shrinking by five percent each year.

Now farmers say their futures are dying with their crops.

Al Jazeera’s Rob Matheson reports from Baghdad:

IOCs discuss Basra’s Oil and Gas Megaprojects

BP, Shell, Basra Gas Company, LUKOIL, Petronas and Chevron discuss Basra’s oil and gas megaprojects

The 5th annual CWC Basra Megaprojects Conference – Oil, Gas & Environment will be held from 9-10 October in Istanbul, Turkey chaired by the EU Ambassador to Baghdad, Ramon Blecau.

In a show of support for the rebuilding of Iraq, Ambassador Blecau and industry experts will highlight the business opportunities available in the resource-rich South of Iraq with the aim of driving more investment to develop the country’s industrial infrastructure.

The conference takes place under the patronage of Basra’s Governorate, Council and oil company and looks to find solutions to the challenges of Basra’s oil and gas megaprojects and increasing Iraq’s oil and gas production, as well as highlighting the upcoming infrastructure projects for: gas, water, electricity and environment. All the major operators will be participating in discussions including: BP, Shell, Basra Gas Company, LUKOIL, Petronas and Chevron.

Further to these discussions, there will be a strong focus on Iraq’s environment and how to build a legislative framework to tackle Basra’s environmental issues; tackling all types of challenges including the demining projects.

New technology will play a significant role in achieving operational excellence in the execution of Iraq’s projects; whilst Iraq’s new generation of workforce are eager to embrace the technologies, the conference will touch upon the training programmes that are imperative for helping Iraqis compete for job opportunities and increase the role of the Iraqi local workforce in the execution of the latest projects.

Water and desalination projects will be the centre of discussion on the second day of the conference as well as the electricity requirements for such projects and ideas for renewable projects in Iraq.

Gas and petrochemical projects will also be covered by industry experts, which will be instrumental in creating new jobs for Iraqis but raise further questions on how the environment can be preserved during these processes. During the conclusion of the Conference, all the available tenders for the new projects will be outlined.

The interactive networking sessions will be at the centre of the conference with great number of functions including the Gala Dinner at the end of the first day of the Conference. The achievements of individuals in environmental technology projects will also be celebrated at the Environmental Awards Ceremony, which will take place during the Gala Dinner with awards being given out by the Iraqi delegation.

We look forward to seeing everyone at the Intercontinental Istanbul from 9-10 of October. To download the latest programme, please visit www.cwcbasraoilgas.com/brochure-download/.

Distinguished Speakers to include:

  • Ambassador Ramon Blecua, Ambassador / Head of Delegation, Delegation of the European Union to Iraq
    • HE Kameran Ali Hassan
    , Deputy Minister of Environment, Ministry of Environment, Federal Government of Iraq
    •       HE Asaad Abdulamir Abdulghafar Al – Idan
    , Governor of Basra, Federal Government of Iraq
    •       HE Engineer Mohammed Al Tamimi
    , First Deputy Governor of Basra, Governorate of Basra, Federal Government of Iraq
    •       Ihsan Abduljabbar Ismaael Al – Saade
    , Director General of the Basra Oil Company, Ministry of Oil, Federal Government of Iraq
    •       HE Dara Reshid
    , Deputy Minister, Deputy Head of Reconstruction Fund for Areas Affected by Terroristic Operations (REFAATO), Ministry of Construction, Housing & General Municipalities, Federal Government of Iraq
    •       HE Ali Dawai Lazem
    , Governor of Maysan, Federal Government of Iraq
    •       Nafaa Abdulsada Ali Al-Hmidawi
    , Director General of Training & Development Office, Ministry of Electricity, Federal Government of Iraq
    •       Mohammed Hashim
    , Director General of Electricity Distribution, Ministry of Electricity, Federal Government of Iraq
  • MP Dr Jamal Abdul-Zahra Muhammadawi, Member of the Parliament Representing Basra, Federal Parliament of Iraq •                   Kevin J. Kveton, Ph.D.Director, Iraq Exploration & Business Development, Chevron  Europe, Eurasia & Middle East Exploration & Production
    •       Zaid Elyaseri
    , Country Manager, BP Iraq
    •       Dr Mark Wharton
    , Development & JV Manager Shell Iraq, Shell EP International Ltd.
    •       Abd Malik Jaffar
    , Iraq Country Chairman, PETRONAS Carigali Iraq Holding B.V.
    •       Yaroslav Okulov
    ,  Financial Director, LUKOIL Mid-East Ltd
    •       Dr Jaafar Oklany
    , Commercial Director, Basrah Gas Company

View the full list of speakers here: http://www.cwcbasraoilgas.com/speaker/

The renowned Conference will address opportunities, projects and tenders in each one of these industries through its 2 day Strategic Programme. Attendees can expect the following topics to be discussed:

  • Current updates on Basra’s oil fields
  • Iraq’s Environment
  • Infrastructure for Upstream Oil & Gas Projects ( Technology Showcasing- upstream activities suppliers, pipelines suppliers, demining technologies, logistics suppliers, security suppliers ) & Training on the New Skillsets
  • Finance, Laws & Regulations & Procurement
  • Water Projects: Increasing Efficiency for the Oil & Gas Projects
  • Electricity Expansion & Renewables for the Oil & Gas Projects
  • Gas & Petrochemicals
  • Energy Tenders Announcements; Downstream, Midstream, Petrochemicals & Electricity projects

View the full programme here: www.cwcbasraoilgas.com/brochure-download/

(Source: CWC)

Monitoring of Conflict-caused Wildfires in Iraq

Since late June, media has reported on wildfires in northern parts of Iraqi Kurdistan among the border with Turkey, along the border with Iran in the northeast and in the southeast of Iraq at the Hawizeh marshes, bordering Iran.

A hazardous cocktail of climate change-induced increased summer heat, water shortages, military shelling of various armed groups operating in these areas combined with random human errors and spontaneous outbreaks left the earth scorched.

This blog will provide a short open-source based overview based on media reporting on various locations in Iraq combined with the use of satellite imagery provided by the European Space Agencies’ Sentinel-2, NASA’s Visible Infrared Imaging Radiometer Suite (VIIRS) suite and commercial imagery provided with by Planet Labs.

Read full report from Bellingcat.

(Source: Bellingcat)

TBI puts Bank Acquisition Plans on Hold

By John Lee.

The state-owned Trade Bank of Iraq (TBI) has reportedly put plans to buy a Turkish commercial bank on hold because of the fall in the Turkish lira.

TBI chairman Faisal al-Haimus told Reuters that the bank is keen to expand its footprint in Turkey, Iraq’s largest trading partner.

According to the report, TBI has assets of around $20 billion, and is responsible around 80 percent of the trade finance business in Iraq.

(Source: Reuters)