Monday 23 December 2024
 
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Iraq cabinet

Iraqi cabinet approves $103bn budget for 2015

Iraq's cabinet has approved a draft 2015 budget worth 123 trillion dinars ($103 billion) at the free market rate) which was made possible by better ties between Baghdad and the autonomous Kurdish region, but was constrained by plunging oil p

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Iraq cabinet approves $17bn Shell gas deal

Iraq's cabinet approved a $17 billion deal with Royal Dutch Shell and Mitsubishi on Tuesday to capture gas that is now being flared off into the atmosphere at southern oilfields, a government spokesman said. The 25-year venture is expe

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Iraq cabinet approves Kogas deal

Iraq's cabinet approved a contract with South Korea's Kogas on Tuesday to develop the Akkas gas field in western Anbar province, an oil ministry source said. Iraq awarded a development contract for Akkas, the country's largest

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