Articles

Iraq's 2019 Draft Budget Law Analysis

Iraq's 2019 Draft Budget Law Analysis

By Robert Tollast, Yesar Al-Maleki and Harry Istepanian

Iraq’s first draft budget for 2019 shows an overall increase in spending of 23% compared to 2018. Oil revenues still dominate sources of revenue, projected at 89% of government finances. The Iraqi government, with help from international

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SOLAR ENERGY IN IRAQ FROM OUTSET TO OFFSET

SOLAR ENERGY IN IRAQ FROM OUTSET TO OFFSET

Author: Harry H. Istepanian

Iraq’s electricity shortage badly hampers the country’s economy and threatens the already fragile political system, and this will grow worse unless immediate and effective measures are taken to tackle the issue. It is time for the oil companies to assist

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TOWARDS SUSTAINABLE WATER RESOURCES MANAGEMENT IN IRAQ

TOWARDS SUSTAINABLE WATER RESOURCES MANAGEMENT IN IRAQ The Task Force for the Future of Iraq’s Water Resources convened at a time of unprecedented environmental crisis in the Tigris-Euphrates River basin. Iraq’s water crisis made global headlines in early June 2018, when Turkey began filling the 10.4 billion cubic meter capacity Ilisu dam, but the
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IEI Launches Task Force on the Future of Iraq's Water Resources

IEI Launches Task Force on the Future of Iraq’s Water Resources

Iraq Energy Institute (IEI) has formed a Task Force on the Future of Iraq’s Water Resources. The initiative was a result of a workshop entitled “Towards Sustainable Water Resources Management in Iraq” that was held in partnership with Al-Kindi Society of Engineers at The

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Iraq 5th Bid Round Analysis

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Iraq 5th Bid Round Analysis

By Robin Mills and Luay al-Khatteeb

On 26 th April 2018, the Iraq Ministry of Oil (MoO) organised its fifth licensing round for the exploration and development of oil and gas fields. This was overseen by the Petroleum Contracts and Licensing Directorate (PCLD). It was held under a new contract

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The Need for Middle East Economic Confederal Union

The Need for Middle East Economic Confederal Union

By Luay al-Khatteeb, Azzam Alwash and Harry Istepanian.

The following paper explores the common geo-economic interests of Middle Eastern countries on water, energy, trade and security. It comprises three contributions, an introduction to the proposed goal of

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Ambassador Douglas Silliman Remarks at Iraq Energy Forum

Your Excellency Qasim al-Fahdawi, Dr. Jafar, distinguished panel members and guests, it is a true pleasure to be here today to address this impressive group of leaders and energy experts.

When I addressed this forum last year, I spoke about the need for economic reform. I said that Iraq needed a new economic paradigm, based on private

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Developing Iraq’s Infrastructure Through a Sovereign Wealth Fund

Author: Haneen Latif

The oil sector is the single main source of income for Iraq. The Iraqi government currently employs over 40% of the population with 90% of Iraqi oil revenues being paid as salaries and pensions for the public sector. This leaves little room for supporting the costs of healthcare, education, defense and security

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A Rocky Road: Kurdish Oil and Independence

Author: Robin Mills

The referendum on independence for the hitherto autonomous Kurdistan Region of Iraq (KRI) , held on 25th September 2017, has brought global attention. It is well-understood that the region’s oil and gas resources are a critical factor for its future and for its neighbourhood. Along with the referendum, there have

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