Tag Archives | Iran

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

Iran bans scrap metal imports from Iraq

By John Lee. Iran has reportedly banned the import of scrap metal from Iraq and Afghanistan. According to a report from Platts, the Trade Promotion Organization of Iran (TPOI) requested the ban due to fears that consignments could be contaminated with radioactive material or chemicals, and that they may contain unexploded munitions. It adds that […]

Iran Khodro ups Capacity at Iraq Plant

By John Lee. Iran Khodro (IKCO) has said that 2,500 units of its Samand model (pictured) are expected to be produced this year in its Iraq plant. The site at Iskandariya has been upgraded with new equipment, and now has the capacity to make 45 to 50 cars per day. (Source: IKCO)

Can Iran stop Iraqi Kurdistan Independence?

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  As talk of an independence referendum for Iraq’s Kurdistan Regional Government (KRG) grows, Iran’s role is becoming more visible, especially that of Qasem Soleimani (pictured), the powerful commander of […]

New Iranian Ambassador calls for Strong Iraq

By John Lee. Iraq’s Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, has received a copy of the credentials of the new Iranian Ambassador to Baghdad, Iraj Masjedi. The new Ambassador described the two countries as “friends and brothers“, adding, “we should do our best to improve ties between the two countries.” “Iran wants an advanced, […]

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Qandil: Controversial Kurdish Region, Inside the Kurdish Region

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. You don’t need to drive very far from the major Iraqi Kurdish city of Sulaymaniyah to exit the terrain controlled by the government of Iraqi Kurdistan. Twenty minutes from the […]

Washington sees Iraq as front for Iran Pushback

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After the chemical attack in Khan Shaykhun on April 4, followed by the US airstrike on a Syrian air base April 7, tension between Iraq and the United States […]

What role will Iran-linked militias play once IS leaves Iraq?

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraqi Prime Minister Haider al-Abadi said recently that any group taking up arms in Iraq outside the state’s official framework will be considered outlaws. However, it seems at least […]

Iran Starts Pumping Oil from Azar Joint Oilfield

Iran on Tuesday, March 14, began pumping 15,000 barrels/day of crude oil from Azar Oilfield which it shares with Iraq. Early production from the field, located in the border city of Mehran, began in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh. Azar Oilfield development project is aimed at production […]

Oil Output to hit 5.4m bpd in 2022

By John Lee. According to a report from Bloomberg, the International Energy Agency (IEA) has predicted that Iraq will retain its position as OPEC’s second-biggest oil producer, adding 700,000 barrels per day (bpd) to reach 5.4 million bpd by 2022. Most of the increase will come from southern oilfields, such as the Shell‘s Majnoon project. […]

Iraq, Iran agree to Resolve Dispute on Joint Oil Fields

By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building […]