Turkey Archives - Panorama Insurance Brokers

PM Opens New GE-Enka Power Station in Muthanna

By John Lee. Prime Minister Mustafa Al-Kadhimi has officially opened a new power station in Muthanna Governorate. The plant was built by the American company GE, and Turkey’s Enka. According to @HarryIstepanian, the plant is in Samawa, and uses four GE “Frame-9E” turbines to provide 500MW of power. (Source: Office of the Prime Minister, @HarryIstepanian)

Are Iran and Turkey on a Collision Course in Iraq?

By Hamidreza Azizi and Vali Golmohammadi, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Are Iran and Turkey on a Collision Course in Iraq? Friction between Tehran and Ankara in Iraq is rooted in balance-of-power considerations and their quest for… Read More

Libyan Government Bids to Overturn €50m Compensation Payment to Cengiz in Paris

Libyan Government Bids to Overturn €50m Compensation Payment to Cengiz in Paris | Libya Business News The news organisation Africa Intelligence reported that French courts will consider, on 16 March, Libya’s legal action to contest the arbitration ruling ordering it to pay out nearly €50m to the Turkish construction firm Cengiz. Both sides are scheduled… Read More

Turkey, Iraq plan new Border Crossing, Rail Link

By John Lee. Iraqi Transport Minister, Nasser Hussain Bandar Al-Shibli, has said that Iraq and Turkey will prioritise the opening of a new border crossing and rail link between the two countries. The statement follows a meeting on Thursday with Turkey’s Minister for Transport and Infrastructure, Adil Karaismailoğlu. He said both parties have “defined practical… Read More

Iraq receives First Batch of Turkish Rail Tankers

By John Lee. Iraq has reportedly taken delivery of its first batch of rail tankers from Turkey. According to Daily Sabah, the first 50 units, manufactured by Cryocan, were sent by truck, with a further 400 units still to be made. The tankers will be used by Iraq Republic Railways (IRR) to transport oil and… Read More

France beats Turkey to Big Iraqi Construction Project

By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. France scores big Iraqi construction project at Turkey’s expense A French company has beaten out a Turkish one for the Mosul airport project; political considerations along with economic concerns seem to… Read More

Enka, Siemens, to start work on Libyan Power Plants

By John Lee. The Turkish engineering and construction firm Enka, in consortium with Germany’s Siemens, is about to start the construction at the Misurata [Misrata] 650 MW Simple Cycle Power Plant and Tripoli West 671 MW Simple Cycle Power Plant in Libya. According to a statement from Enka. the contracts have been signed with the… Read More

Iraq begins Importing Electricity from Turkey

By John Lee. Turkey has reportedly begun to export electricity to Iraq. According to Anadolu Agency, Turkey’s Energy Market Regulatory Authority (EMRA, EPDK) started supplying Iraq on Monday at a rate of 150 MW, through the Silopi-Zakho transmission line. The deal is due to run until 1st November, 2021. (Source: Anadolu Agency)

Kadhimi promotes Iraq to Turkish Businessmen

By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi met on Thursday with a number of businessmen, investors and heads of Turkish companies, on the sidelines of his official visit to the Turkish capital, Ankara. Kadhimi discussed with businessmen and investors ways to facilitate investment procedures, lift obstacles and reduce bureaucratic procedures. He also listened to… Read More

Iraq, Turkey agree to Cooperate on Trade

By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq, Turkey agree to cooperate on counterterrorism, trade Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Mustafa al-Kadhimi committed to enhanced cooperation on terrorism, trade and energy, although… Read More