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Politics

Iraq grapples with power shortages and Iran sanctions as summer looms

The expiration of a U.S. sanctions waiver on Iranian electricity imports is complicating Baghdad's balancing act between Tehran and Washington, while the government scrambles for power supply ahead of peak demand season.
Workers from the Southern Projects Commission of Iraq's State Company for Oil Projects assemble a pipeline designed to carry regassified LNG imported via the Khor al-Zubair port in Basra to power stations in February 2025. (ALI AL-AQILY/Iraq Oil Report)

Iraqi Cabinet decisions: Sept. 27, 2016

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.

Iraqi Cabinet decisions: Sept. 18, 2016

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.

Billions in IMF loans hinge on better 2017 budget, auditors

The International Monetary Fund is broadly happy with Iraq's efforts at meeting requirements of a $5.3 billion loan, including its improved performance on IOC payments, but has asked for a revised 2017 budget and insists on an independent auditor to verify Iraq's fiscal data.

NOC oil may feed new Kurdistan refinery

As Iraq’s oil ministry considers supplying crude to a Kurdistan refinery and an Iranian route for trucked exports, a gulf opens up between the KRG’s political parties over the fate of newly-released Kirkuk oil.

Iraqi Cabinet decisions: Sept. 6, 2016

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.

KRG oil shipments, revenue fall in August

New MNR report confirms slump after attack, taking exports and revenue down with it, but a rebound is expected as the KRG starts implementing a new Erbil-Baghdad deal for Kirkuk crude.

Baghdad-Erbil export deal moves forward

The KRG has begun an oil transfer to the federal government's storage tanks in Turkey after political leaders finalized details for temporary export cooperation.

Iraqi Cabinet decisions: Aug. 30, 2016

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.