A bilateral gas pipeline deal between Basra province and Iran could circumvent Baghdad's energy sector authority and conflict with UN sanctions.
Energy
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A new contract with DNO and Genel will help the KRG wean itself off costly diesel for power generation, and set a baseline domestic gas price for oil companies evaluating potential new development.
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Genel Energy has doubled its recoverable gas reserves – resources which Kurdistan is using to secure Turkey's participation in a strategic energy partnership.
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Agreement paves way for natural gas to fill pipeline that is nearly complete.
Basra protests Baghdad’s power failures
Basra leaders accused the Electricity Ministry of incompetence after a two-day blackout incited angry residents to protest, amidst 131-degree heat.
- New power minister promises review
- Corruption court seeks ex-electricity minister’s arrest
- After contracting debacle, Shahristani to head Electricity Ministry
- Maliki officially requests Electricity Minister resignation
- Electricity Ministry defiant as investigation begins
Basra negotiates Iran gas pipeline
A bilateral gas pipeline deal between Basra province and Iran could circumvent Baghdad's energy sector authority and conflict with UN sanctions.
- Kurdistan signs first gas sales contract
- In Kurdistan-Turkey deal, gas is key
- Iraq inks gas supply deal with Iran
- No Akkas gas to Syria
- Q&A: Ali Khudhier, chairman of Basra Gas Company
