Middle East Economic Survey


No 31



Iraq And Alstom Sign MOU For Three Power Projects

Iraqi Minister of Oil and Acting Minister of Electricity Husain al-Shahristani signed a memorandum of understanding (MOU) on 28 July with Patrick Kron, CEO of Alstom, for three power sector projects. The French firm announced the following day that the projects would be: a turnkey oil-fired power plant at Basra with a total generating capacity of 1.2gw; rehabilitation of a 180mw capacity...