Toyota Tsusho | Iraq Business News

20 Май 2015 | Author: | No comments yet »

Iraq Shortlists Candidates for Pipeline

By John Lee.

The Street Journal and Reuters that Iraq has shortlisted 12 companies to build the new $18-billion oil pipeline to Jordan, the country’s such pipeline in decades.

oil ministry has chosen these from a list of more 80 international firms which their credentials to build a of the 1,040-mile pipeline from to Jordanian Red Sea port of Aqaba.

The companies and consortiums are:


China National Corporation (CNPC) ;

Marubeni (Japan);

Mitsui (Japan);

Tsusho (Japan);

Punj (India) and Mass Global (Iraq);

Saipem (Italy);

Daewoo International Corporation

Consolidated Contractors Company (Greece);

Go Gas (India), Larsen (LT) (India), and Fius (Dubai);

Petrofac (UK) and (SGC) (Russia); and,

(Egypt) and Petrojet (Egypt).

It is that the State Company for Oil (SCOP) will invite the companies to receive the tender and then submit their by November or December.

Iraq and signed a preliminary agreement in to build the section of the pipeline would stretch from an oil pumping station in Haditha, of Iraq, to Aqaba. The rest of the which is 680 kilometers long, a Basra pumping station the one in Haditha would be built and by the Iraqi oil ministry.

Iraq hopes the pipeline make it less dependent on Gulf export terminals, an alternative route if Iran the Strait of Hormuz.

A third of the pipeline, running to Syria’s port in the Mediterranean, has been because of the conflict in the neighboring It would have a capacity of million barrels a day.

WSJ, Reuters)

Japan to $1.2bn to Iraq for Port,

By John Lee.

Japan has a loans of about 120 billion yen billion) to Iraq to build a new and rebuild a port.

Nikkei that Japan will lend 82.7 billion yen to a refinery to extract natural gas at the Rumaila oil field, while a loan of 39.2 billion yen be used to rebuild the port of Al-Zubair.

JGC Corp and Chiyoda Corp are to bid for the Rumaila refinery project, Toyota Tsusho  . Toyo and Toa Corp are expected to bid for the Khor rebuilding project, the newspaper

(Source: Nikkei, Reuters)

Toyota Tsusho Collaborate on Electricity

Siemens Turkey and Toyota Tsusho are to build 24 distribution centres in Iraq, in a worth $81 million.

Toyota Project Go

Hurriyet News reported that the two signed a deal to join in the transformer station project, have a total capacity of megawatts.

Siemens will manufacture the in both Turkey and Europe; Tsusho won the government tender for project, which will be by Siemens.

Ralf Christian an executive of Siemens, said:

“ centers will help to energy supply in Iraq safe and reliable. Improving the infrastructure will support economic and social development. “

Hurriyet Daily News,

Iraq to Spend $1.6bn on Wind Energy

By John

Iraq plans to invest up to billion on renewable energy the next three years, to a report from Retuers.

The new solar and wind power will to add 400 megawatts to the national helping to close the gap between the MW produced and the 14,000 MW needed.

al-Mamury, the head of the planning and department at the ministry of electricity, invitations have been to about 25 leading companies to and install solar and wind plants.

The companies include Toyota Tsusho Corp, engineering group ABB and Egypt’s Construction .

The ministry has allocated an $200 million from the budget to add 50 MW to the grid next focusing on deserted and border

Mamury said each of solar or wind energy cost around $3.5-$4 but the initial outlay would be by lower running costs the stations do not require fuel.

In the long term, the aim is for solar and energy to account for 2 percent of generation.

Although Iraq has oil and gas reserves, Mamury said, “we save oil for the coming generation not sell it or burn it”.


Toyota Project Go

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