Baghdad News
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Iraq invited companies to submit bids to build a 500-megawatt electricity plant fuelled by natural gas in the eastern province of Maysan, Mussab Serri, an electricity ministry spokesman, said today in an interview.
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For two neighbors who don’t trust each other and for centuries were engaged in fierce strategic and religious competition, it is remarkable that Sunni Turkey and Shiite Iran haven’t gone to war over their border since 1639. As Turkish leaders walk a diplomatic tightrope over U.S.-led efforts to pressure Iran into abandoning a suspected nuclear-weapons program, their overriding priority is to keep it that way.
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Iraq is considering options to export crude from its southern terminals should Iran block the Strait of Hormuz, transit point for about two-thirds of its production, Planning Minister Ali Youssef Al-Shukri said.
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Iraq may prevent Exxon Mobil Corp. from bidding in a new energy exploration round if it refuses to rescind agreements with the country’s semi-autonomous Kurdish region, according to a spokesman for Deputy Prime Minister for Energy Affairs Hussain al-Shahristani.
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The U.S. is supporting a leading role for Turkey in organizing international pressure on Syria, as the two allies seek to build a coalition able to back the Syrian opposition movement and help broker an end to the violence.
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When good news happens to a bad candidate like Mitt Romney, it makes an already difficult situation worse. He has enough trouble communicating any message, much less a mixed one.
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Iraq will lose the capacity to export 1.7 million barrels of crude a day if Iran blocks the Strait of Hormuz, the transit point for about two thirds of its production, an Oil Ministry spokesman said.
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The Arab League will hold its annual summit on March 29 in Baghdad, Ahmed Ben Helli, the bloc’s deputy secretary-general, said.
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Crude exports from northern Iraq through the Turkish port of Ceyhan resumed after a three-day halt caused by sabotage to the pipeline network in Turkey, an official from Iraq’s North Oil Co. said.
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Iraq’s proposed energy law, intended to spur foreign investment in the world’s fifth-largest holder of oil deposits, will be delayed for the rest of this year due to political divisions, the prime minister’s top adviser said.
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