Gas flaring costs Iraq $5 million a day

By Khayoun Saleh Azzaman, November 16, 2012 The flaring of associated gas from the country’s producing oil fields, particularly in the southern Province of Basra, costs $5 million a day, according to Dhia al-Mawsawi, the Director-General of Southern Oil Company. Iraq’s three largest producing-fields lie in Basra, where most of the country’s oil output and [...]

Foreign firms win $290 million for two 400-bed hospitals in Iraq

By Adel Kadhem Azzaman, November 15, 2012 Iraq is building two hospitals, 400-beds each, and at a cost of  $290, a statement by the Ministry of Health said. The statement said the ministry has already signed two contracts for the construction of both hospitals, one in the Province of Kirkuk and the other in the [...]

Southern and central provinces to set up their own free-trade zones

By Dalya Ahmad Azzaman, November 13, 2012 The return of normalcy after years of violence to Iraq is luring investors to the region, a senior Finance Ministry official has said. Sabah al-Qaisi, the head of Free-Trade Zones Commission in the country, said there was a surge in requests by foreign companies and entrepreneurs to invest [...]

Iraq to produce 5 million cubic meters of natural gas in five years

By Husain al-Yaaqoubi Azzaman, November 12, 2012 The Oil Ministry has unveiled its 5-year plan for the development of the country’s natural gas riches. The plan calls for the production of five million cubic meters of gas to meet increasing needs for the fuel particularly by power stations and petrochemical industries, said the ministry’s deputy [...]

U.K. to expedite visa processing for Iraqis

By Bassem Hassan The United Kingdom is to open a special visa section in Baghdad to make it easier for Iraqis to get visas, British ambassador in Baghdad Simon Collis was reported as saying. The ambassador made the remarks on a visit to the southern Iraqi Province of Basra, where provincial authorities have expressed their [...]

Who’s playing the Jihadists’ card in Syria?

By Fatih Abdulsalam Azzaman, November 9, 2012 It has become clear by now that the Jihadists in Syria have become cards in a game that is being played by international actors. The Jihadists in Syria were propelled to limelight as the armed opposition strived to spread its control over villages and districts amid large-scale killings [...]

Iraq urges Iran to invest in both private and public industries

By Khaula al-Ukaili Azzaman, November 8, 2012 Iraq has urged on Iran to increase its investment and participation in the country’s industries, whether private or state owned. The call was made during a meeting at the Ministry of Industry and Minerals in which senior officials and experts from Iran’s Defense Ministry were present. There are [...]

Kuwait agrees to invest Gulf War reparations in Iraq’s south

By Ali Latif Azzaman, November 6, 2012 The Kuwaiti government will not drop claims to 1991 Gulf War reparations from Iraq but has decided to invest the money it receives in southern Iraqi provinces, particularly in Basra. Under 1991 Gulf War U.N. resolutions, Iraq is obliged to pay reparations for countries, companies and individuals harmed [...]

Iraqi government to stop paying Kurdish militias

By Nidhal al-Laithi Azzaman, November 5, 2012 The Iraqi government will stop paying members of Kurdish militias known locally as Peshmerga in 2013. The decision comes amid growing differences between the sides and Iraqi government’s pressure to exert some influence on the heavily armed Kurdish militias. The Kurds were surprised and shocked to see that [...]

Political prejudice and not prudence rules Iraq

By Fatih Abdulsalam Prejudice and self-interest have become the main factors in drawing up policies for Iraq and in determining the stands of various political groups on the ground as the country’s crisis deepens. The situation, despite the risks it involves, drags on in the absence of adherence to the constitution, which itself has become [...]