AGP Executive Report
Last update: 8 hours agoIraq Energy Deals: Iraq’s oil minister says agreements signed in Washington during PM Ali al-Zaidi’s visit total about $200bn, aimed at boosting crude output capacity (currently cited at 4.8m bpd) and accelerating gas projects, with Iraq targeting gas self-sufficiency by 2030. Port & Logistics Security: As the Strait of Hormuz risk rises, Indian Oil and Mangalore Refinery suspended Iraq crude loadings, citing safety concerns and higher transit/insurance costs. Industrial Security: Iraq’s National Security Service says it busted a drone manufacturing workshop in Baghdad, seizing airframes and production materials and arresting three suspects. Infrastructure Finance: Iraq plans to set up a funding structure for the Development Road project, with officials discussing implementation steps and regional connectivity. Transport & Trade: Iraq’s port activity is reported up 20% in 2025, while the country also received equipment for Nasiriyah International Airport. Agribusiness & Food: Iraq’s wheat marketing reached 4.8m tons in 2026, with reports also flagging food waste and rising meat and chicken prices in Sulaymaniyah.
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