Iraqi Economists Network

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Latest Economy News

Iraq resists US pressure to reduce Iranian gas imports

Iraq resists US pressure to reduce Iranian gas imports

Iranian oil exports have tumbled since the United States imposed new sanctions on Iran this year Iraq has a US waiver to import Iranian gas, but Washington has been pressing Baghdad to phase them out ABU DHABI: Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on .
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Iraqi PM visit to China could lead to economic revolution in Iraq: Iraqi economist

Iraqi PM visit to China could lead to economic revolution in Iraq: Iraqi economist

BAGHDAD, Sept. 9 (Xinhua) -- An Iraqi economist said that the upcoming visit of Iraqi Prime Minister Adel Abdul Mahdi to Beijing later this month could lead to an economic revolution in Iraq through opening broad investment prospects in various fields, state-run al-Sabah newspaper reported on Monday.
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Iraq close to pipeline deal with BP and Eni, rather than Exxon – sources

Iraq close to pipeline deal with BP and Eni, rather than Exxon – sources

BASRA, Iraq/BAGHDAD (Reuters) - Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy giant ExxonMobil, according to five senior Iraqi oil officials involved in the negotiations. Under the proposed $400 million agreement, British company BP (BP.L) and Italy’s Eni ENI.NI would run the scheme to build two seabed oil pipelines for Iraq’s southern exports through the Gulf, the sources told Reuters, declining to be named as the discussions have not been made public.
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OPEC members Iraq, Nigeria agree to cut oil output

OPEC members Iraq, Nigeria agree to cut oil output

Oil prices have dropped below $60 per barrel as fears of a global recession outweigh concerns about falling supply. The Organization of the Petroleum Exporting Countries (OPEC) agreed on Thursday to trim oil output by asking over-producing members Iraq and Nigeria to bring production in line with their targets as the group strives to prevent a glut amid soaring United States production and a slowing global economy.
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Iraqi Oil: industry evolution and short and medium-term prospects. By Ahmed Mehdi

Iraq has been a key contributor to OPEC liquids growth, with IOCs in southern Iraq having added approximately 1.7–1.8 mb/d (million barrels per day) in the period 2011–16. With renewed focus on medium-heavy sour markets in light of OPEC output policy, geopolitical supply-side disruptions and Asian refining dynamics, Iraq’s future role in oil markets is of critical importance. T

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GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT 2019

ACKNOWLEDGEMENTS This report was commissioned by UN Environment’s Economy Division in cooperation with Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance and produced in collaboration with BloombergNEF. CONCEPT AND EDITORIAL OVERSIGHT Angus McCrone (Lead Author, Chief Editor) Ulf Moslener (Lead Editor) Francoise d’Estais Christine Gr

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Iraqi universities must aim higher. By Mohamed Al-Rubeai

Fifteen years ago, Iraq’s higher education infrastructure was in tatters. Two years into the US-led invasion, which began in 2003, 84 per cent of universities had been “burned, looted or destroyed”, according to a United Nations report. Many institutions still feel the impact of the conflict, enduring regular electrical outages and shortages of equipment, facilities and m

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Iraq’s Energy Sector: A Roadmap to a Brighter Future

Foreword In 2012, the International Energy Agency (IEA) released the first in-depth study of Iraq’s energy sector. We had an exceptional opportunity to engage with Iraq and produced a unique perspective on the country’s outlook, covering the role of energy in Iraq’s economic and social development as well as the increasingly important role that Iraq was set to play in global

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The Iraqi National Economy

World Bank: Iraq Economic Monitor Toward Reconstruction, Economic
With a Special Focus on Transition to Poverty Targeted Cash Transfer System
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Promoting Investment in a Fragile Context: the OECD
FOREWORD  In 2007, the Government of Iraq requested OECD support to help
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The National Development Plan of Iraq for 2018-2022
Download the document as PDF file. Click on folksinging link NationalDevelpment Plan
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Oil & Gas Policy

Iraqi Oil: industry evolution and short and medium-term
Iraq has been a key contributor to OPEC liquids growth, with IOCs
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IEN Participates on Iraq Petroleum 2019 as Media
Iraq Petroleum 27–28 June 2019 | London, UK Iraq’s Leading Discussion About Its
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Iraq could see new revenues from its troubled
Iraq may be on the cusp of a revenue windfall after losing
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Iraq’s Kurds Add Capacity to Oil Pipeline to
Iraq’s semi-autonomous Kurds upgraded their oil export pipeline to accommodate future production
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