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Iran decides to take Azadegan oil field back from China’s CNPC: report

Tehran (Platts)–29Apr2014/455 am EDT/855 GMT Iran will remove China National Petroleum Corp from the major Azadegan oil field project due to "lack of commitment," oil ministry news service Shana reported Tuesday. This follows an order from the Iranian oil minister Bijan Zanganeh. The Chinese company inked the deal with Iran more than four years ago. "Following repeated verbal and written warnings and a written warning issued last winter, CNPC promised to move the project forward," Rokneddin Javadi, managing director of National Iranian Oil Company, was quoted as saying. "Even though one month extra was given to this company after the 90-day ultimatum, no effective work has been done by this contractor. Therefore, since this Chinese contractor did not fulfill its commitments during this period, the order to end the company’s contract in the development of South Azadegan will be issued," Javadi said. He stressed that the oil ministry did […]

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Militants Pose Threat on Eve of National Elections in Iraq

Snipers line the rooftops across Falluja, waiting for a chance to shoot at government soldiers, should they try to invade. Homes have been wired to explode, too, just in case the government rushes the city. And roads have been studded with countless steel-plated bombs, of the type that killed so many American soldiers here. Falluja — and the rest of Anbar Province — perhaps more than any other locale in Iraq, embodies the lengths the United States went to tame a bloody insurgency unleashed by its invasion. But now, much of the region is again beyond the authority of the central government and firmly in the control of the Islamic State of Iraq and Syria, a jihadist group that is so radical it has broken with Al Qaeda, in part because it insisted on being allowed to indiscriminately kill Shiites. That reality, which the government appears powerless […]

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Iraq: Bombs kills at least 11 people in market

Officials say a back-to-back bomb attack in an outdoor market northeast of the Iraqi capital, Baghdad, killed at least 11 people. A police officer says Tuesday’s attack took place in the town of al-Saadiyah, 140 kilometers (90 miles) northeast of Baghdad. He added that at least 19 other people were wounded. A medical official confirmed casualty figures. Both officials spoke on condition of anonymity as they were not authorized to release information. The attack came a day after a series of attacks killed at least 46 people, the latest violence aimed at discouraging Iraqi voters from going to the polls on Wednesday in the first nationwide elections since the 2011 withdrawal of U.S. forces. More than 9,000 candidates are vying for 328 seats in Parliament.

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EFFECTS OF THE AL-ANBAR CRISIS ON IRAQ'S WATER MANAGEMENT

As a vitally important resource both for the economy and survival, water turns out to be a matter of conflict in the domestic policy and this inevitably poses threat for the whole of Iraq Updated : Published : The clashes that erupted at the end of 2013 in Fallujah, a city in the Iraqi province of al-Anbar, have continuously posed a danger for the security of the country. There are no estimations as to when the conflict between the Islamic State of Iraq and the Levant (ISIL), an al-Qaeda-linked organization, and troops of the central Iraqi government will come to an end. This conflict has regional influences as well. Some ISIL-affiliated groups active in the cities of Fallujah and Ramadi seized the control of the Fallujah dam.The dam, built for irrigation in 1985, does not include a hydroelectric power station. The Iraqi general staff explained that the dam, constructed […]

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EFFECTS OF THE AL-ANBAR CRISIS ON IRAQ’S WATER MANAGEMENT

As a vitally important resource both for the economy and survival, water turns out to be a matter of conflict in the domestic policy and this inevitably poses threat for the whole of Iraq Updated : Published : The clashes that erupted at the end of 2013 in Fallujah, a city in the Iraqi province of al-Anbar, have continuously posed a danger for the security of the country. There are no estimations as to when the conflict between the Islamic State of Iraq and the Levant (ISIL), an al-Qaeda-linked organization, and troops of the central Iraqi government will come to an end. This conflict has regional influences as well. Some ISIL-affiliated groups active in the cities of Fallujah and Ramadi seized the control of the Fallujah dam.The dam, built for irrigation in 1985, does not include a hydroelectric power station. The Iraqi general staff explained that the dam, constructed […]

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On Eve of Elections, Demoralized Army Is Losing Fight Against Islamist Militants

Even as an al Qaeda-linked militant group celebrated a major victory in Western Iraq last month, militants from the same jihadist group launched another operation clear across the country. In coordinated predawn attacks, gunmen blew up two bridges in a village outside the eastern town of Qara Tepe. They detonated a fuel tanker at a police base close to nearby Injana, shot 12 soldiers and incinerated their bodies. By afternoon, militants had attacked four other police and army checkpoints. Instead of bolstering their ranks, some police and military checkpoints simply packed up and left. Lacking protection, hundreds of villagers fled their homes for larger towns. "The security forces are weak, and they are putting the responsibility for their weakness on us," says Aziz Latif, a farmer who fled the village of New Sari Tepe after it was attacked on March 21. "They are not professional." More than […]

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Levant basin rich in reserves for Israel

Oz license area off the coast of Tel Aviv thought to be rich in oil and gas. JERUSALEM, April 28 (UPI) — While less than the Tamar and Leviathan prospects off the Israeli coast, the Oz license area may hold significant deposits of oil and gas, a study finds. Sewell & Associates, a Dutch oil and gas consulting company, finds the Oz license area, about 30 miles off the coast of Tel Aviv, may hold more than 1.1 trillion cubic feet of natural gas and 93 million barrels of oil. Roni Halman, chairman of Oz license partner Israel Opportunity, said Saturday the estimates beat early expectations. "The Levant basin is rich with gas, and we believe also in oil, which has a huge potential," he said . Though considerable, Oz holds less than the giant Leviathan and Tamar basins off the Israeli coast. Production at Tamar began last year. […]

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50 killed in bomb attack on rally, police and troops voting in Iraq

Fifty people were killed on Monday as suicide bombers attacked a political rally and Iraqi police and soldiers cast their votes early for a national election in two days’ time, authorities and witnesses said. A suicide attacker killed at least 30 people and wounded 50 others at a Kurdish political gathering in the town of Khanaqin, 140 km (100 miles) northeast of Baghdad, security sources said. The Kurds were celebrating the television appearance of Iraqi President Jalal Talabani, a Kurd incapacitated since late 2012, who cast his vote in Germany where he was undergoing medical treatment. "The attacker snuck among the crowds near the Patriotic Union of Kurdistan’s headquarters and blew himself up, causing a tragic massacre," one police officer said, sobbing after he discovered his brother was among those killed. Meanwhile, Sunni Muslim militants, mostly disguised in army and police uniforms, struck at polling centers […]

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Libya Ends Suspension of Crude Loadings From Zueitina Terminal

Libya opened the way for oil exports to resume from the eastern port of Zueitina by revoking a legal clause known as force majeure after rebels returned the terminal to government control earlier this month. The 70,000 barrel-a-day facility is ready to receive tankers for loading, Mohamed Elharari, spokesman of state-run National Oil Corp., said today in a text message. An agreement reached on April 6 provided for the rebels to hand over control of Zueitina and Hariga, two of the four ports they seized in July, in return for an official amnesty and salary payments claimed by defectors from Libya’s Petroleum Facilities Guard. “It seems the government has been making a renewed effort for progress,” Richard Mallinson, an analyst at Energy Aspects Ltd. in London , said by e-mail. “It still seems to be a complicated situation on the ground, and the market will want to see a […]

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