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Iraq to Award 30 New Oil and Gas Projects in New Licensing Rounds 

Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
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TT

Iraq to Award 30 New Oil and Gas Projects in New Licensing Rounds 

Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)
Iraq said it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds. (AFP)

Iraq, OPEC's second producer after Saudi Arabia, said on Tuesday it would award 30 new oil and gas projects in its fifth + and sixth licensing rounds.

The fifth + licensing round includes 16 new projects, some of which were not awarded in the fifth licensing round and some new projects, the oil ministry official said at the ADIPEC energy conference held in the UAE capital Abu Dhabi.

The sixth licensing round will include 14 projects, he said.

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Pakistan's Largest Airport Becomes Operational, Part of the Chinese Belt and Road Initiative

Passengers wait for their boarding in the state-run Pakistan International Airlines flight to Paris after the airline resumed direct flights to Europe after the EU lifted a four-year ban, at the Islamabad International Airport, in Islamabad, Pakistan, Friday, Jan. 10, 2025. (AP Photo)
Passengers wait for their boarding in the state-run Pakistan International Airlines flight to Paris after the airline resumed direct flights to Europe after the EU lifted a four-year ban, at the Islamabad International Airport, in Islamabad, Pakistan, Friday, Jan. 10, 2025. (AP Photo)
TT
TT

Pakistan's Largest Airport Becomes Operational, Part of the Chinese Belt and Road Initiative

Passengers wait for their boarding in the state-run Pakistan International Airlines flight to Paris after the airline resumed direct flights to Europe after the EU lifted a four-year ban, at the Islamabad International Airport, in Islamabad, Pakistan, Friday, Jan. 10, 2025. (AP Photo)
Passengers wait for their boarding in the state-run Pakistan International Airlines flight to Paris after the airline resumed direct flights to Europe after the EU lifted a four-year ban, at the Islamabad International Airport, in Islamabad, Pakistan, Friday, Jan. 10, 2025. (AP Photo)

Pakistan’s largest airport, funded and built in the country's restive southwest by Beijin g, has become operational, officials said Monday.
Gwadar airport is in the province of Balochistan, which has for decades been the scene of an insurgency by separatists demanding autonomy or outright independence.
Pakistani Defense Minister, Khawaja Mohammad Asif, and Chinese officials were among those attending a ceremony at Gwadar airport and watched the arrival of the Pakistan International Airlines inaugural flight from the southern city of Karachi.
The ceremony came months after Chinese Premier Li Qiang and his Pakistani counterpart Shehbaz Sharif virtually inaugurated the airport, which has a capacity of handling 400,000 travelers annually.
Beijing has invested heavily in the coastal city of Gwadar. Besides the airport, which has an estimated cost of $230 million, China has also constructed a deep seaport in Pakistan as part of Chinese President Xi Jinping's Belt and Road Initiative to increase trade by building infrastructure around the world.
Work started on Gawdar airport in 2019. It was supposed to be operational last year but was delayed after a surge in attacks by militants and separatists on Chinese nationals working on projects in the province.
In televised remarks, Asif thanked China for building the airport and said the airport would play a key role in improving the country's economy, attracting international investment and bringing prosperity to Balochistan.
Ethnic Baloch, who accuse the Chinese and others of economic exploitation, oppose the project and other Chinese initiatives in the province.
The Ministry of Planning and Development stated that the airport can handle a combination of ATR 72, Airbus, (A-300), Boeing (B-737), and Boeing (B-747) for domestic and international routes.
Gwadar airport is the country’s largest in terms of area, spread over 4,300 acres of land, according to Pakistan’s civil aviation.