Baghdad is currently still operating its financial affairs based on the country’s 2019 budget law, but that condition will soon change.

“Iraq 🇮🇶 is not only the cradle of civilization but the birth place of #OPEC - where we look forward to return in Sept to Commemorate our 60th anniversary” said #HEBarkindo

Good morning and welcome to your 5 minute digest, where we provide the latest news from this week in the #MENA oil and gas industry. We're curious what you think so comment, react and share.

1/5 Iraq 🇮🇶 is not only the cradle of civilization but the birth place of #OPEC - where we look forward to return in Sept to Commemorate our 60th anniversary” said #HEBarkindo bit.ly/2AofU3v #IraqPetroleum

2/5 Iraq's new Oil Minister confirms Iraq’s full commitment to #OPEC and non-OPEC decisions. bit.ly/2XP9vHx #IraqPetroleum

3/5 Suppliers such as Iraq and Nigeria that have traditionally been lax at complying with output curbs are coming under increased scrutiny following the latest OPEC+ agreement. This time, things are different. bloom.bg/2AoM9j4

4/5 Foreigners account for nearly 3.4 million of Kuwait’s 4.8 million population and the country will no longer hire expatriates for jobs in its oil sector. bloom.bg/3f5m6My

5/5 The Government of Denmark has committed approximately US$870,000 to support the Government of Iraq's response to the global #COVID__19 pandemic, in partnership with the United Nations Development Programme (#UNDP ) in #Iraq. bit.ly/3dU6BXp

Welcome to another 5 Minute Digest where we look at the most interesting news from the last week. As in other regions in a world of the pandemic, #MENA countries face a number of challenges as well as opportunities in #oilandgas sector. Share, like and let us know your thoughts.

1/5 Iraq asked IOCs operating in the country, including BP Plc, Exxon Mobil Corp. and Lukoil PJSC, to start #curbing production. They should do it without reducing #NaturalGas output and while maintaining supplies of light grades of Basrah crude. bit.ly/2NaG64i

2/5 Linxon Sweden AB signed a contract with the Iraqi Ministry of Electricity to build 132-KV power transmission stations in Baghdad, Kut and Diwaniya. bit.ly/2Y9rski

3/5 Iraq’s new prime minister faces a host of challenges. #Coronavirus is just one of them. bit.ly/2YH1h3o

4/5 Iraq ranked "The Best Place on Earth to find and Produce Oil". Could there be a better moment to be part of #IraqPetroleum Virtual Conference taking place in October? bit.ly/3dfIQrI and for more information about the Conference, visit bit.ly/2N82DyP

5/5 Iraq’s new oil minister makes commitment to the refineries sector in Iraq , watch the video:

Discover the future of the #petrochemicals sector at our webinar in collaboration with RCJYMain الهيئة الملكية للجبيل وينبع and sponsored by Sadara | صدارة Title: Petrochemical Digital Webinar: Looking at the Industry’s Future Date: 15th July 2020 Book online: bit.ly/2BzH1cC

Our #webinar in collaboration with RCJY and sponsored by Sadara | صدارة is taking place in less than a week, providing a platform for the #petrochemical industry to find the way forward in the current industry landscape. Book online: bit.ly/2Zf9NZ3

Get the latest energy updates at #Iraq's leading oil and gas event. Book your tickets before 31st July at a special rate and join the debate with key industry stakeholders on 20-21 October.

PRESS RELEASE: Iraqi Government and Oil and Gas Industry Thought Leaders to Speak at Iraq Petroleum Virtual Event. Read the full Press Release here: bit.ly/2ZLZzPq #oilandgasindustry #opecanniversary #oilandgasnews

With deep sadness we received news of the death of Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Emir of State of Kuwait. We extend deepest condolences to the ruling family & people of Kuwait for the loss of a great visionary leader. May his soul rest in eternal peace. CWC Kuwait Team

Don't Miss Out! There is still time to book for #IraqPetroleum Virtual Conference. Join the #oilandgas industry leaders from the safety of your home/office and hear the latest #policy announcements. To find out more, visit cwciraqpetroleum.com