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Monthly Archives: May 2015
IMF may agree on Iraq’s $800 Million Loan in Weeks
According to a senior IMF official, Iraq requested for financial support from the International Monetary Fund (IMF) and the agreement may come in weeks on a loan of approximate $800 million (529 million pounds). The finances of Iraq have been … Continue reading
Oil Export of Iraq Touches the Record Level
Iraq’s oil export in the month of April has increased to 3.077 million bpd from 2.98 million bpd last March. The oil ministry of Iraq said that this augmentation in crude export speaks as the most noteworthy of the decade. … Continue reading
The US Congress is Supporting Iraq Division for Oil Interest
Othman Ali, a professor at the Erbil University, and Mr Sa’ad al-Muttalibi, a member of the State of Law Coalition from Baghdad, in an interview, have talked about reports regarding the plan of the United States for dividing Iraq into … Continue reading
Technip Awarded a Project by PMC for Basra Refinery Upgrade in Iraq
Technip, in joint venture with Unico, an engineering consultant in Japan, has received an award of Project Management Consultancy (PMC) contract through a reimbursable basis, for Basra refinery upgrade. This contract was awarded by South Refineries Company (SRC) – Ministry … Continue reading