Aiding Iraq in Reconstruction Iran’s Priority after Daesh Defeat: Defense Minister Iranian Defense Minister Brigadier General Amir Hatami said that following the defeat of the Daesh (ISIL or ISIS) terrorist group in Iraq, Iran’s priority in its cooperation with Iraq now is helping the Arab country in its reconstruction process. In a meeting with Iraqi […]
Tag Archives | Iran
The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
Iran Oil Ministry: Iraq to Blame for Delay in Oil Swap
Iran’s Oil Ministry linked a 4-month delay in the implementation of an oil swap deal with Iraq to the Arab country’s unpreparedness and technical problems. In a letter to the Tasnim News Agency in response to a recent report on the lengthy delay in implementation of the oil swap deal with Iraq, Iran’s Oil Ministry […]
Oil Ministry Conf on Development of 11 Exploration Zones
By John Lee. Iraq’s Ministry of Oil will hold a conference on Thursday 29th March to announce for a new licensing round to develop and rehabilitate 11 exploration zones on the borders of Iran and Kuwait, including one offshore zone on the Gulf. The conference will be attended by 13 international companies which have purchased the […]
Iran says IS Resurgence could Hamper Iraq Oil Deal
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Islamic State (IS) appears to be staging a comeback in parts of Iraq, which could endanger the country’s oil deal with Iran. Hamid Hosseini, the Iranian secretary-general […]
Tags: caliphate, Daesh, featured, Iran, Iraq Oil Exports News, ISIL, ISIS, Islamic State, Kirkuk, oil swap, terrorism
“Iraq’s Energy Future Lies to the North”
By John Lee. A new report from the Washington Institute for Near East Policy says that Iraqi hydrocarbons “will either be exploited by Iran and its allies or used for Iraq’s own benefit, transforming the country into an energy export hub between the Gulf states, Turkey, and Europe. The United States has a strong strategic […]
Tags: Aqaba, Dr Mike Knights, featured, Iran, Iraq-Jordan Pipeline, James Jeffrey, Jordan, pipelines, Turkey, United States, Washington Institute for Near East Policy
Iraq to continue Importing Electricity from Iran
By John Lee. Iraq’s Minister of Electricity Qassim Mohammad al-Fahdawi has met with a visiting delegation from Tehran headed by Iran‘s Minister of Industry, Mine and Trade, Mohammad Shariatmadari. They renewed for an additional year a contract under which Iran sells electricity to Iraq. Through four major supply lines, Iran sends 1,000 megawatts of electricity […]
Mueller witness “Helped Broker” $4.2bn Iraq-Russia Arms Deal
By Laura Rozen for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The dealmaker: Mueller witness helped broker $4.2 billion Iraq-Russia arms deal A Lebanese-American businessman reported to be cooperating with Special Counsel Robert Mueller’s Russia probe helped broker a controversial 2012 Iraq-Russia arms deal valued at […]
Tags: Arms Contracts, Donald Trump, featured, George Nader, Iran, Lebanon, Robert Mueller, Russia, Russian Arms, United Arab Emirates (UAE), United States
Iran Offers $3bn LOC for Iraq Reconstruction
By John Lee. Iran’s First Vice President, Es’haq Jahangiri, has said Iran is ready to provide Iraq with a line of credit (LOC) of “up to” three billion dollars to pave the way for the Iranian private sector’s active participation in the reconstruction of the country. According to Iran’s PressTV, he made the statement at […]
Iran, Iraq Economic Roadmap to be Outlined
By John Lee. Iran‘s Minister of Industry, Mine and Trade, Mohammad Shariatmadari (pictured), has said it is hoped that upcoming visit of Iran’s first vice president Es’hagh Jahangiri to Iraq will “outline the economic cooperation roadmap between the two countries.” Shariatmadari and his accompanying delegation held talks on Monday with Iraq’s Minister of Housing and […]
“Iranian Interference” in Iraqi Election Angers Iraqis
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iranian Interference in Iraqi Election stirs Anger among Iraqis Ali Akbar Velayati (pictured), Supreme Leader Ayatollah Ali Khamenei’s top adviser on international affairs, paid an official visit to Iraq from Feb. 15-18. He made statements on […]
Iran-Iraq Oil Swap Delayed over Safety Concerns
By John Lee. A plan to export Iraqi crude oil by truck to Iran has reportedly been postponed due to security concerns. Under the oil-swap agreement, Iraq was to export 60,000 bpd of crude oil by truck from Kirkuk to Iran’s Kermanshah refinery (pictured), and ship back refined Iranian oil for southern Iraq. Hamid Hosseini, […]
Tags: featured, Iran, Iran-Iraq Chamber of Commerce, Iraq Oil Exports News, Kermanshah, oil imports, oil swap
Saudis to Open Basra Consulate; Iran Opens Border To Iraqis
By Editor on February 26, 2018 in Iraq Industry & Trade News, Iraq Transportation News, Politics, Security
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. By Saleem al-Wazzan. As Saudis Prepare To Open Basra Consulate, Iran Opens Border To Iraqis Iraqis can now visit a special visa-free zone in neighbouring Iran, over the border from […]