Tag Archives | Iran

The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News

Iran, Iraq Sign MoU to Export Kirkuk Oil

Iraq’s Oil Ministry announced that Tehran and Baghdad have signed a memorandum of understanding (MoU) to carry out studies on the construction of a pipeline to export crude oil from the northern Iraqi fields of Kirkuk via Iran. In a statement, the Iraqi ministry said the agreement was signed during a recent ceremony in the […]

Iran, Iraq to build “Industrial Townships”

By John Lee. Iranian Industry Minister Mohammad Reza Nematzadeh (pictured) and his Iraqi counterpart Mohammad Shiya al-Sudani have reportedly agreed on designing and building “industrial townships” in some Iraqi provinces. According to IRNA, Nematzadeh said that there a total of 750 industrial townships where over 40,000 industrial and producing units are active, adding, “we are […]

Iran chooses Quds Force stalwart as Ambassador to Iraq

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran has reportedly appointed Brig. Gen. Iraj Masjedi as its new ambassador to Baghdad, replacing Hassan Dana’i Fer, according to Iranian media reports on Jan. 15. Masjedi is a prominent leader of the Islamic Revolutionary […]

Tags: ,

Iran Mercantile Exchange plans Branch in Iraq

By John Lee. The Iran Mercantile Exchange (IME) has set up a taskforce to “strengthen and deepen” its relationship with Iraq. Among the areas being considered are free economic zones on both sides, simplification of customs regulations, and the use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be […]

Will Iraq succeed in bringing Iran, Saudi closer?

By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  On Jan. 14, Iraqi and Iranian media reported that Iraqi Foreign Minister Ibrahim al-Jaafari (pictured) offered to mediate between Iran and Saudi Arabia in order to overcome their disputes and […]

Iran to Build New Gas Export Pipeline to Iraq

By John Lee. The Planning Director of the National Iranian Gas Company (NIGC) has said that Iran has started work on the second pipeline for exports of natural gas from Iran to Iraq. Hassan Montazer Torbati (pictured) said construction of the pipeline to south Iraq had begun on a Build-Operate-Transfer (BOT) contract. The first pipeline […]

Controversial General Appointed as Iranian Ambassador to Iraq

By John Lee. Iran has reportedly appointed General Irij Masjidi as its new ambassador to Baghdad, replacing Hassan Dana’i Fer [Danaeifar]. According to some sources, General Masjidi was previously a senior advisor to Qassim Sulaimani, Commander of the Iranian Revolutionary Guard Corp (IRGC). Al Arabiya quotes Saudi minister of state for the Gulf region Thamer Al-Sabhan […]

Iran, Iraq in Joint Naval Exercises

By Sara al-Qaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran, Iraq seek to send a message with joint naval exercises In conjunction with the military maneuvers of the Iranian-backed Shiite Popular Mobilization Units along the Iraqi border with Saudi Arabia on Jan. 4, former Iraqi […]

Video: Free of ISIL, Sinjar remains a Ghost Town

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. While Islamic State of Iraq and the Levant has been pushed out of Sinjar in northern Iraq, it remains mostly empty of residents as fighting among various factions continues. The town’s reconstruction has […]

Iran Denies Pipeline Deal with Iraqi Kurdistan

Iran has denied that it has reached an agreement with the Kurdistan Region of Iraq for laying joint oil pipelines. The public relations department of the Iranian Ministry of Petroleum announced on Tuesday that the country has made no agreements with the Iraqi Kurdistan for construction of two pipelines to deliver its crude oil to […]

Iraq to link Rail Network with Iran

By John Lee. Iraq’s state-run Iraqi Republic Railways (IRR) announced on Tuesday that it plans to link its rail network to that of neighbouring Iran. IRR Information Director Abdul Sattar Mohsen told Anadolu Agency that Iraqi and Iranian officials had already held several meetings to discuss the project. He added that several international companies had […]