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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)

Baghdad pays KRG contractors

In a step forward for Baghdad-Erbil relations, the central government has paid Kurdish oil contractors for the first time.

The four-year plan

The Iraqi Oil Ministry's four-year plan, unveiled but not reproduced in February, available here only to Iraq Oil Report subscribers.

More details, delay for Iraq 4th bidding round

A fourth auction of hydrocarbons projects, this time for exploration blocks, will take place in January not November for dozens of pre-qualified International Oil Companies.

Kuwait targets Iraqi crude

Kuwait Airways is threatening to seize Iraqi assets when UN immunities are lifted in July, to recover $1.2B from Saddam-era theft.

Q&A: Adnan Janabi

An oil industry expert now chairs the Parliament's Oil and Energy Committee. Adnan Janabi talks about short-term priorities for key oil laws and relations between Baghdad and the KRG.

Parliament wants role in Iraqi oil deals

The new chairman of the Parliament Oil and Energy Committee said all of Baghdad's contracts – past and future – should be reviewed, perhaps altered.

Maliki’s office stalling oil company visas

Oil companies say they've been waiting more than a month for visas, threatening critical projects, and the visa purgatory appears to be the prime minister's office.