How Iran is Winning game of chess in Kirkuk

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

For now, Prime Minister Haider al-Abadi has pushed the separatist Kurds back and extended the power of the federal government once again to the areas considered disputed under the Iraqi Constitution. The Kurds are beaten. But the key question is how long this equilibrium will last.

The Kurds in Kirkuk and other disputed areas are disillusioned with the Kurdish parties, including the leadership of both the Patriotic Union of Kurdistan (PUK) and the Kurdistan Democratic Party (KDP). No Kurdish leader has come forward to apologize to their constituents for what went wrong, let alone attempt to explain what really happened on Oct. 15-16, when thousands of peshmerga retreated and left the people of Kirkuk to their own devices.

Meanwhile, the Turkmens in Kirkuk and nearby Tuz Khormato have become united through their opposition to the Sept. 25 Kurdish independence referendum and other perceived Kurdish excesses. But as the effect of Baghdad’s victory over the Kurds wears off, the old animosities and the regional states’ rivalries in Kirkuk are bound to resurface.

The Turkmens are divided along sectarian lines. The Shiite-dominated Popular Mobilization Units (PMU) that are protecting the Shiite Turkmens in the south of Kirkuk and the city of Tuz Khormato — the major Kurdish-Turkmens flashpoint — are directly linked to Tehran. On the other hand, most of the Sunni Turkmens in Kirkuk rally behind the Iraqi Turkmen Front, which has strong links to Ankara.

“There is no denying that, more than all groups in Iraq, the Turkmens are supported by Turkey. We are part of the Turkish people,” Ali Mahdi, the spokesperson for the Iraqi Turkmen Front told Niqash in May. “And we have always called upon them [Turkey] to play a role in developments taking place here.”

In 2014, the Turkmens failed to agree on a Turkmen candidate for the head of the Kirkuk provincial council, which could have prevented the Aug. 29 inclusion of the disputed city in the Sept. 25 Kurdish independence referendum. In parallel, the deep-rooted tension between the Kurds and the Turkmens, particularly in Tuz Khormato, has intensified as the threat of the Islamic State (IS) has receded.

Iraq Increases Oil Export Capacity

By John Lee.

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said that oil export capacity at Iraq’s southern ports has increased to 4.6 million barrels per day (bpd), following the completion of its fifth single floating terminal.

The new terminal has a capacity of 900,000 bpd.

The Minister said Iraq will continue to expand its production and export capacity.

(Source: Ministry of Oil)

Three-year Strategic Plan for Basra Oil and Gas

Provincial Council of Basra formulates strategic plan to contribute to effective management of the oil and gas sector

The southern Governorate of Iraq, Basra, now has a three-year strategic plan for oil and gas.

As a key pillar of Basra’s economy, this industry is supposed to employ thousands of workers and generate billions of dollars of revenue each year. Unfortunately, the industry is falling short of its expected developmental goals.

It has been assessed that the industry’s performance can be boosted through sound management and improved capacity and expertise. The Provincial Council of Basra is seeking to address this issue, in part, with its Committee for Oil and Gas.

Highlights

  • Starting November 2016, UNDP worked closely with the Committee for Oil and Gas to develop the strategic plan
  • Amongst objectives of the plan is to generate employment, whilst considering related social and environmental impacts
  • The industry’s performance can be boosted through sound management and improved capacity and expertise

To this end, the Committee has formulated a strategic plan with the support of the United Nations Development Programme (UNDP). This support was channeled under the Basra Compact agreement signed between UNDP and the Governorate of Basra in 2015 to provide the Governorate with technical assistance in major thematic areas, including strategic planning.

Starting November 2016, UNDP worked closely with the Committee for Oil and Gas to develop the strategic plan. In July 2017, the Provincial Council of Basra endorsed the first draft, and approved the final version for printing in September 2017. Hundreds of copies were distributed to relevant stakeholders in October 2017.

Chairman of the Committee for Oil and Gas, Mr. Ali Shaddad Al Fares, said:

“We believe in the importance of strategic planning to achieve comprehensive, sustainable development in all aspects of life. Given that oil and gas are the most important sources of Iraq’s national wealth at the present time, the Committee for Oil and Gas had to follow a scientific methodology in planning for the future of Basra.”

Weir wins Maintenance Contract at Zubair Oilfield

Weir Oil & Gas Dubai has reportedly been awarded a contract with Eni Iraq BV to provide global maintenance services for gas compressor units and associated equipment located in the three Initial Production Facilities (IPF) plants in the Zubair oil fields in Southern Iraq.

The gas compressor units are comprised of gas engines, gas compressors, and relevant associated equipment. There are 30 compressors in total, with 18 at Hammar, six at Zubair and six at Rafidya. Weir engineers are now responsible for maintenance servicing of all compressors at each of the sites.

Ronan Le Gloahec (pictured), EMEA Regional Managing Director of Weir Oil & Gas, said:

Weir was selected for this contract due to our experience in Iraq, local footprint and know-how of the specific rotating machines and Field Maintenance methodologies.

“In addition to our state-of-the-art manufacturing facilities in Dubai and service centre in Abu Dhabi, we have a dedicated service centre in Basra, the first facility in Iraq has both API and ISO licenses.”

(Source: Oilfield Technology)

Weir wins Maintenance Contract at Zubair Oilfield

Weir Oil & Gas Dubai has reportedly been awarded a contract with Eni Iraq BV to provide global maintenance services for gas compressor units and associated equipment located in the three Initial Production Facilities (IPF) plants in the Zubair oil fields in Southern Iraq.

The gas compressor units are comprised of gas engines, gas compressors, and relevant associated equipment. There are 30 compressors in total, with 18 at Hammar, six at Zubair and six at Rafidya. Weir engineers are now responsible for maintenance servicing of all compressors at each of the sites.

Ronan Le Gloahec (pictured), EMEA Regional Managing Director of Weir Oil & Gas, said:

Weir was selected for this contract due to our experience in Iraq, local footprint and know-how of the specific rotating machines and Field Maintenance methodologies.

“In addition to our state-of-the-art manufacturing facilities in Dubai and service centre in Abu Dhabi, we have a dedicated service centre in Basra, the first facility in Iraq has both API and ISO licenses.”

(Source: Oilfield Technology)

Oil Ministry Declares its Final Exports for September

By John Lee.

Iraq’s Ministry of Oil has announced final oil exports for September of 97.2 million barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August.

These exports were shipped by 38 multinational companies from the ports of Basra, Khor Al- Omaia and the SPM’s on the Arab Gulf, with no exports registered from Kirkuk.

Revenues for the month were $4.866 billion, at an average price of $50.062 per barrel.

August export figures are available here.

(Source: Ministry of Oil)

Oil Ministry Declares its Final Exports for September

By John Lee.

Iraq’s Ministry of Oil has announced final oil exports for September of 97.2 million barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August.

These exports were shipped by 38 multinational companies from the ports of Basra, Khor Al- Omaia and the SPM’s on the Arab Gulf, with no exports registered from Kirkuk.

Revenues for the month were $4.866 billion, at an average price of $50.062 per barrel.

August export figures are available here.

(Source: Ministry of Oil)

Opportunity for UAE Business: Key Iraqi Ministers come to Conference

Rebuilding Iraq is central to the agenda of the Iraq Britain Business Council (IBBC) autumn conference at The Address, Dubai Marina on 12th November.

The opportunity for businesses in the region to engage in Iraq is reflected by the attendance of a number of high profile Iraqi Ministers: from Electricity, Transport, Oil, Construction and Housing, to the Governor of Basrah and International financiers, including the IMF and World Bank.

Vikas Handa, the IBBC UAE representative agrees:

“Iraq is the second largest oil producer in OPEC and has one of the biggest programmes for new power generation projects in the region; Iraq presents massive opportunities for housing, Infrastructure and FMCG businesses. The event is designed to discover the opportunities and projects live and intended in Iraq, for business people to meet the decision makers, to obtain insights and to network”.

UAE is increasingly seen as the regional hub for corporate operations in Iraq and the place where business decisions are determined.

We can confirm this as a range of leading international companies are attending, including GE, Siemens, BP, Wood, Serco, Shell, Petronas, Gulftainer, Zain, KCA Deutag, the International Islamic Bank and more. There will also be plenty of networking and engagement on the sidelines beyond the main stage.

The IBBC Dubai conference is also the location for the Governor of Basrah to outline his vision for the future, and it is expected ministers will outline the latest thinking on the evolving situation in Iraq and the opportunities this brings.

To register, please follow the link: http://www.webuildiraq.org/ibbc-conference/autumn-conference/

(Source: IBBC)

Opportunity for UAE Business: Key Iraqi Ministers come to Conference

Rebuilding Iraq is central to the agenda of the Iraq Britain Business Council (IBBC) autumn conference at The Address, Dubai Marina on 12th November.

The opportunity for businesses in the region to engage in Iraq is reflected by the attendance of a number of high profile Iraqi Ministers: from Electricity, Transport, Oil, Construction and Housing, to the Governor of Basrah and International financiers, including the IMF and World Bank.

Vikas Handa, the IBBC UAE representative agrees:

“Iraq is the second largest oil producer in OPEC and has one of the biggest programmes for new power generation projects in the region; Iraq presents massive opportunities for housing, Infrastructure and FMCG businesses. The event is designed to discover the opportunities and projects live and intended in Iraq, for business people to meet the decision makers, to obtain insights and to network”.

UAE is increasingly seen as the regional hub for corporate operations in Iraq and the place where business decisions are determined.

We can confirm this as a range of leading international companies are attending, including GE, Siemens, BP, Wood, Serco, Shell, Petronas, Gulftainer, Zain, KCA Deutag, the International Islamic Bank and more. There will also be plenty of networking and engagement on the sidelines beyond the main stage.

The IBBC Dubai conference is also the location for the Governor of Basrah to outline his vision for the future, and it is expected ministers will outline the latest thinking on the evolving situation in Iraq and the opportunities this brings.

To register, please follow the link: http://www.webuildiraq.org/ibbc-conference/autumn-conference/

(Source: IBBC)