Iraq’s Oil Sector caught in crossfire between US, Iran

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.

ExxonMobil evacuated dozens of its non-Iraqi employees from Iraq on May 18. The evacuation follows a US State Department decision to withdraw its non-essential staff from the US Embassy in Baghdad and its consulate in Erbil, the capital of Iraqi Kurdistan.

The US oil company relocated its employees to Dubai, where they will continue their work related to the West Qurna-1 oil field in Basra. The company announced May 31 that it will begin returning its employees from June 2 after the Iraqi government promised to increase the security measures in the site.

Click here to read the full story.

Oil dispute reignites Baghdad-Erbil Tensions

By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Iraqi Prime Minister Adel Abdul Mahdi is under great pressure from his government to force the Kurdistan Regional Government (KRG) to deliver the allotted 250,000 barrels of oil per day to the State Organization for Marketing of Oil, as per the 2019 federal budget law.

Pan-Arab newspaper Asharq al-Awsat reported on May 22 that Abdul Mahdi has threatened to slash the KRG budget if the oil is not delivered. Ayad Allawi, the head of al-Watania alliance announced on May 28, that Abdul Mahdi asked him to go to Erbil and discuss the oil dispute with Barzani.

Allawi met with Barzani and received assurance from him to cooperate with Baghdad. Yet the dispute has not been solved.

Click here to read the full story.

Exxon Ex-Pats “to return to West Qurna 1”

By John Lee.

According to a report from Reuters, employees from Exxon Mobil will start returning to work at the West Qurna 1 oilfield on Sunday.

Sources told the news agency that the company had received assurances from the Iraqi Ministry of Oil and the Basra Oil Company (BOC) that its staff would receive extra security.

Earlier in the month, the company evacuated about 30 foreign engineers from Basra as a “temporary precautionary measure”.

(Source: Reuters)

Has Russia begun to Play a Role in Iraq?

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.

Has Russia begun to play a role in Iraq?

Member of the Iraqi parliament’s Security and Defense Committee Hakim al-Zamili announced May 9 that negotiations were underway to buy an S-400 air missile system from Moscow.

Russian Deputy Prime Minister Yury Borisov said during his meeting April 26 with Iraqi Prime Minister Adel Abdul Mahdi that “the number of Russian companies in Iraq is on the rise.”

Ihsan al-Shammari, head of the Iraqi Centre for Political Thought, concurred. He told Al-Monitor that “Russia is working to compete with multinational companies in central and southern Iraq, particularly in the field of energy.

Click here to read the full story.

Oil Minister slams Exxon decision to Evacuate Staff

By John Lee.

Oil Minister Thamer al-Ghadban has criticised ExxonMobil‘s decision to temporarily evacuate staff from the West Qurna oil field as “unacceptable and unjustified”.

In a statement on Sunday, he said the move was “political“, and pointed out that other international oil companies are continuing to work freely.

According to CNN, the company evacuated about 30 foreign engineers from Basra as a “temporary precautionary measure“.

(Sources: Ministry of Oil, CNN)

Al-Burhan Group – Your Route to Iraq

By Padraig O’Hannelly.

Building a successful business means delivering what you promise.

When I recently needed to go to Baghdad at short notice, I remembered a conversation I had with Abir Burhan, Operations Director of Al-Burhan Group: “Any time you want to go to Iraq,” he said, “we can take care of your visa, flights, accommodation and security – just give me a call.”

So I did, and a few days later I was on a plane from London Gatwick to Baghdad with Iraqi Airways, booked via IKB Travel; conveniently, a direct flight, which saves the time and trouble of getting a connecting flight somewhere else.

Staying at the Al-Burhan Centre, just minutes from the terminal building at Baghdad International Airport, was also very convenient, and probably the most secure location in Baghdad, situated as it is within the heavily guarded airport complex.

While in Iraq, I (and my family!) also needed to know that I’d be safe when travelling about in the capital; Gethin Wilson, Operations Manager at Al-Burhan Security, and his highly professional team, ensured that I was always where I needed to be, on time and in total safety.

But it’s not just about convenience and security. The success of the Al-Burhan Centre owes as much to the friendliness and hospitality of its people as it does to their efficiency and professionalism.

These factors are even more important for those staying long-term. Many of the guests at the Al-Burhan Centre are ex-pats, staying on rotations that can last weeks or months at a time, so it’s important not only that that they feel safe, but also that they are well catered for and enjoy their time at the centre.

George Mansour and his staff really understand that excellent food and a comfortable and friendly environment are essential for well-being, morale and productivity. And despite all the good food, there’s no excuse for putting on weight, as the centre even has two gyms to help work off the calories.

The al-Burhan family have created a real home from home, and take seriously the sign in their office: “Only promise what you can deliver.





Iraqi Children Foundation, safeguarding Iraq’s Future Generations

By Hussein Al-alak. Republished with permission.

Iraqi Children Foundation, safeguarding Iraq’s future generations

For millions of people around the world, the welfare of Iraqi children is key to safeguarding the future peace and stability of Iraq. In this exclusive interview, Hussein Al-alak talks to Mohammed Khudairi, of the US based Iraqi Children Foundation (ICF), about their ongoing efforts in Iraq.

What is your name and what do you do?

My name is Mohammed Khudairi. I am the Chairman of Iraqi Children Foundation, as well as the Managing Partner of Khudairi Group.

Can you please tell us about the Iraqi Children Foundation?

The Iraqi Children Foundation intervenes in the lives of orphans and street children who are vulnerable to abuse, neglect, and exploitation by criminals, traffickers and extremists. The organization was set up ten years ago by Americans who saw the need to help rebuild Iraq after so many years of conflict. More than 800,000 children were orphaned as a result of the Iraq War, and the ISIS occupation displaced another 1.3 million.

How does the work of the Iraqi Children Foundation help vulnerable children?

Our vision is that all children in Iraq have a voice, and are empowered to reach their full potential. All our programs have this goal in mind. We help vulnerable children through several channels, including:

⦁ The Hope Bus program – we convert used city buses into colorful, child friendly classrooms. Each bus has two teachers and a social worker, and serves around 50 children with tutoring, nutrition, health care, social services, practical life lessons, community, and fun.

⦁ The Street Lawyers program – our lawyers provide legal protection for children who are targeted by criminals and traffickers, abused by employers, or are facing other risks. They also assist children to get their papers so that they can go to school.

⦁ Social Services program – social workers on our team work to end child labor and get children off the streets. They also work to stop domestic abuse, provide medical care, and help get access to psychosocial services for children with mental health issues.

As Iraq has experienced decades of conflict, can you please tell us how this impacts on children? Children who are displaced, or have been exposed to high levels of violence, are often left emotionally and physically vulnerable. Can you please tell us about some of the risks that children in Iraq now face?

Many children have been left orphaned (800,000) or displaced (1.3 million) as a result of conflict in Iraq. Children who are in this vulnerable position are less likely to reach their full potential, as they are less likely to have access to education, health care (both mental and physical), and community support.

These children are more likely to become targets for human traffickers or extremist recruitment. The importance of ensuring children are not radicalized in Iraq cannot be overstated; extremism is a destabilizing force in the Middle East and globally. This is not just a humanitarian issue, it’s a regional security issue.

In the past, there have been cases where children have also been used as weapons of war, or due to bereavement, have been forced into exploitative trades. Can you please tell us about some of the safeguarding measures that have been, or are currently being put in place?

As an organization, the Iraqi Children Foundation looks to empower children so they are less vulnerable to exploitation. This includes educating children about risks, and providing a safe space for them to learn and form a sense of belonging with caring adults, and other children.

We also try to protect children and give them a voice, by providing legal representation in cases where children are exploited. Other nonprofits, non-government organizations, and government organizations all contribute to safeguarding measures; there is still a lot of work to be done.

As the media often gives focus to human interest stories from Iraq, or children left disabled by war, what support is available for children born with either physical or learning disabilities?

For families stuck in cycles of poverty in Iraq, there is limited access to medical care for children with disabilities. Often, these disabilities go undiagnosed or misdiagnosed. As a result, these children are unable to receive the treatment they need.

Our social workers spend time getting to know families who live in impoverished areas of Baghdad, and to identify cases where children are suffering due to disabilities. We will work with the families of these children to get the correct medical attention and ongoing support, providing financial aid where necessary.

As the Iraqi Children Foundation is based in the USA but are working with children, on a grassroots level across Iraq, can you please tell us how people in Britain and America can support your work?

We have extremely competent NGO partners in Iraq who deliver our services to the children. We have worked with our primary partner, Justice Gate, for the past 7 years. We partner with local NGOs because we believe it is important to invest in Iraqi organizations and build capacity to provide ongoing services and ensure the growth and success of the country.

Our team and donors in America, Britain, and across the globe are working hard to raise awareness and dollars so we can continue to invest in the children of Iraq. On a practical level, our greatest need is ongoing financial support – those interested can donate via Global Giving. For those located in or near Washington DC, we also have a fundraising 5K run each year.

This year the race is in June, and we would love to see you there! We are extremely transparent at ICF, and very focused on effectiveness and efficiency of our programs. We are always open to discussing our work and results, you can find more information and our contact details at our website.

Iraqi Children Foundation, safeguarding Iraq’s Future Generations

By Hussein Al-alak. Republished with permission.

Iraqi Children Foundation, safeguarding Iraq’s future generations

For millions of people around the world, the welfare of Iraqi children is key to safeguarding the future peace and stability of Iraq. In this exclusive interview, Hussein Al-alak talks to Mohammed Khudairi, of the US based Iraqi Children Foundation (ICF), about their ongoing efforts in Iraq.

What is your name and what do you do?

My name is Mohammed Khudairi. I am the Chairman of Iraqi Children Foundation, as well as the Managing Partner of Khudairi Group.

Can you please tell us about the Iraqi Children Foundation?

The Iraqi Children Foundation intervenes in the lives of orphans and street children who are vulnerable to abuse, neglect, and exploitation by criminals, traffickers and extremists. The organization was set up ten years ago by Americans who saw the need to help rebuild Iraq after so many years of conflict. More than 800,000 children were orphaned as a result of the Iraq War, and the ISIS occupation displaced another 1.3 million.

How does the work of the Iraqi Children Foundation help vulnerable children?

Our vision is that all children in Iraq have a voice, and are empowered to reach their full potential. All our programs have this goal in mind. We help vulnerable children through several channels, including:

⦁ The Hope Bus program – we convert used city buses into colorful, child friendly classrooms. Each bus has two teachers and a social worker, and serves around 50 children with tutoring, nutrition, health care, social services, practical life lessons, community, and fun.

⦁ The Street Lawyers program – our lawyers provide legal protection for children who are targeted by criminals and traffickers, abused by employers, or are facing other risks. They also assist children to get their papers so that they can go to school.

⦁ Social Services program – social workers on our team work to end child labor and get children off the streets. They also work to stop domestic abuse, provide medical care, and help get access to psychosocial services for children with mental health issues.

As Iraq has experienced decades of conflict, can you please tell us how this impacts on children? Children who are displaced, or have been exposed to high levels of violence, are often left emotionally and physically vulnerable. Can you please tell us about some of the risks that children in Iraq now face?

Many children have been left orphaned (800,000) or displaced (1.3 million) as a result of conflict in Iraq. Children who are in this vulnerable position are less likely to reach their full potential, as they are less likely to have access to education, health care (both mental and physical), and community support.

These children are more likely to become targets for human traffickers or extremist recruitment. The importance of ensuring children are not radicalized in Iraq cannot be overstated; extremism is a destabilizing force in the Middle East and globally. This is not just a humanitarian issue, it’s a regional security issue.

In the past, there have been cases where children have also been used as weapons of war, or due to bereavement, have been forced into exploitative trades. Can you please tell us about some of the safeguarding measures that have been, or are currently being put in place?

As an organization, the Iraqi Children Foundation looks to empower children so they are less vulnerable to exploitation. This includes educating children about risks, and providing a safe space for them to learn and form a sense of belonging with caring adults, and other children.

We also try to protect children and give them a voice, by providing legal representation in cases where children are exploited. Other nonprofits, non-government organizations, and government organizations all contribute to safeguarding measures; there is still a lot of work to be done.

As the media often gives focus to human interest stories from Iraq, or children left disabled by war, what support is available for children born with either physical or learning disabilities?

For families stuck in cycles of poverty in Iraq, there is limited access to medical care for children with disabilities. Often, these disabilities go undiagnosed or misdiagnosed. As a result, these children are unable to receive the treatment they need.

Our social workers spend time getting to know families who live in impoverished areas of Baghdad, and to identify cases where children are suffering due to disabilities. We will work with the families of these children to get the correct medical attention and ongoing support, providing financial aid where necessary.

As the Iraqi Children Foundation is based in the USA but are working with children, on a grassroots level across Iraq, can you please tell us how people in Britain and America can support your work?

We have extremely competent NGO partners in Iraq who deliver our services to the children. We have worked with our primary partner, Justice Gate, for the past 7 years. We partner with local NGOs because we believe it is important to invest in Iraqi organizations and build capacity to provide ongoing services and ensure the growth and success of the country.

Our team and donors in America, Britain, and across the globe are working hard to raise awareness and dollars so we can continue to invest in the children of Iraq. On a practical level, our greatest need is ongoing financial support – those interested can donate via Global Giving. For those located in or near Washington DC, we also have a fundraising 5K run each year.

This year the race is in June, and we would love to see you there! We are extremely transparent at ICF, and very focused on effectiveness and efficiency of our programs. We are always open to discussing our work and results, you can find more information and our contact details at our website.

IBBC holds 9th Annual Spring Conference

The Iraq Britain Business Council (IBBC) held its annual Spring Conference at the Mansion House in London on 10 April, hosting officials from the UK and Iraqi Governments and delegates from the major companies operating in Iraq covering all sectors of the economy.

The conference was entitled ‘Iraq – Financing a Modern Economy’ and was organised in conjunction with the Central Bank of Iraq and the Iraq Private Banks League. H.E. Dr Fuad Hussein, Deputy Prime Minister and Minister of Finance lead a high level delegation of Government officials alongside Dr Mehdi Al Alak, Secretary General of the Council of Ministers, Mr Abbas Imran Mousa, DG Technical Department, Ministry of Transport, Dr Falah Al-Amiri, Councillor for Oil & Gas supplies to the Iraqi Minister of Oil,  officials from the Central Bank of Iraq, a delegation from the Union of Private Banks and the Governors of Erbil and Sulamania.

Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Azerbaijan, Turkmenistan & Kazakhstan opened the conference alongside Alderman Sir William Russell, H.E. Dr Fuad Hussein, The Rt. Hon. Alistair Burt MP, Graham Stuart MP, Minister for Investment, Department for International Trade and Jon Wilks CMG, Her Majesty’s Ambassador to Iraq.

Dr Mehdi Al Alak presented a paper on ‘Private Sector Development and Investment in Iraq‘. Delegates received an exclusive insight into the Government’s planned measures and strategies to realise this ambition.

The event marked the 10th anniversary of the Iraq Britain Business Council and special awards were presented to Baroness Nicholson of Winterbourne and Eng. Rasmi Al Jabri, Deputy Chairman of IBBC as a token of gratitude for their contribution to the organisation over the last decade.

Dr Renad Mansour of Chatham House, produced a paper on ‘The present situation in Iraq’ which was commissioned especially for the IBBC conference.

Conference Sessions & Speakers

The Banking Sector in Iraq

Chairman: Gavin Wishart, Consultant

Panellists: Dr Mazen Sabeh Ahmed, Central Bank of Iraq; Mohammed Delaimy, Standard Chartered Bank; UK Export Finance (UKEF); Ali Tariq Mostaf, Iraq Private Banking League; Richard Wilkins, JP Morgan

Stock Market & Investment Opportunities

Chairman: John Kemkers, Eversheds Sutherland

Panellists: Shwan Ibrahim Taha, Iraqi Stock Exchange; Dr Alaa Abdel Hussein Al Saadi, Iraqi Securities Commission; Abdulla al Qadi, Crescent Petroleum

Keynote Address: Dr Mehdi Al Alak, Secretary General of the Council of Ministers

Oil & Gas

Chairman: Prof. Frank Gunter, Lehigh University

Panellists: Dr Mark Wharton, Shell; Lawrence Coleman, BP; Bob Dastmalchi, Chevron

Capacity Building in Iraq

Chairman: Ambassador Stuart Jones, Bechtel

Panellists: Dr Renad Mansour, Chatham House; Prof. Mohammed Al-Uzri, University of Leicester; Samer Al Mafraji, AMS Iraq

The IBBC is especially grateful to the sponsors of the event: Shell, the International Islamic Bank, Standard Chartered, Rolls-Royce and Eversheds Sutherland.

Our Partners, Speakers & Contributors

(Source: IBBC)