Intro to Natural Gas and Pipelines

Russian Helicopters in Iraq

October 2012 Iraq signed a contract with Russia to import Russian helicopters to Iraq. This $4bn contract actually began to be implemented in a very short period of time, Russia will start importing its helicopters soon. (Aswat Al-Iraq)

Discovering new oil in KRG

Iraq oil reserves have increased due to the discovery of Ber Bahr block in the KRG. The companies that are responsible for the discovery, Gulf Keystone and General Energy announced that they would start the stage of developing the fields in the second half of this year. (Iraq Business News)

Iraq Stock Exchange News

Following the successful Initial Public offering of Asiacell that happened early this year, Zain Iraq opened subscription on its shares on June 3, 2013. The goal is to launch its IPO by the end of this year. (Iraq Business News)

Microsoft to Develop Banking System

The banking sector in Iraq hasn’t developed yet to meet the vast development happening in the country. Recently, Microsoft announced that it will help in developing the banking systems in Iraq and make it more accurate, efficient and above all quicker. (Iraq Directory)

4th Oil and Gas International Conference and Exhibition

Following the success of the 2012 conference, Iraq will hold its 4th conference and exhibition in Basara on the 4th and 5th of December, 2013.  In 2012, visitors from 35 different countries attended the exhibition, and this year the conference is expected to attract even more investors to Iraq. (The conference official website)

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