By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi has officially opened the new Maysan Power Station. The new power plant adds 750 megawatts of capacity to the grid, 500 MW of which are produced through simple cycle and 250 MW through combined cycle. It is powered by natural gas from the Halfaya and Bazerkan fields,
By John Lee. Croatia's Koncar Group has signed an agreement worth EUR 65 million ($69 million) with Iraq's Ministry of Electricity for the revitalization of Haditha hydroelectric power station. Under the agreement, the company will carry out what it describes as "a partial revitalization of generation units, replace part of the MV and HV equipment,
By John Lee. The Iraqi Prime Minister has announced that the Ministry of Electricity is to be renamed the "Ministry of Electricity and Alternative Energy". At a press conference in Baghdad, Mustafa al-Kadhimi (pictured) said it is unreasonable to build gas power stations when there is not enough gas available, so the new ministry will
By John Lee. Iran has reduced its gas supply to Iraq by 5 million cubic meters per day, causing a reduction in electricity production, according to a statement on Wednesday from Iraq's Ministry of Electricity. The Iranian government had demanded payment of debts relating to gas supply, which AFP says totals $1.6 billion and dates
By Mina Al-Oraibi, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Oil Dysfunction The world's sixth-largest oil producer still suffers from fuel shortages and power outages. Click here to read the full story.