Tag Archives | electricity imports

Jordan starts Supplying Iraq with Electricity

By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, arrived at the Iraqi-Jordanian border on Saturday morning to inaugurate the first phase of the Iraqi-Jordanian electrical interconnection project. This interconnection will provide between 40 to 50 megawatts of power to benefit the Rawa district, which has been deprived of electricity for over 10 years […]

Iraq Signs 5-Yr Gas Supply Contract with Iran

By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, has signed a five-year gas supply agreement with the Iranian National Gas Company (INGC). The contract involves daily gas delivery rates of up to 50 million cubic meters, adjustable based on system requirements. This initiative aims to sustain the momentum of power generation stations, ensuring […]

Tehran, Baghdad hold talks on Energy Cooperation

From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's oil minister and the electricity minister of Iraq emphasized the need for enhancing bilateral ties in the field of energy. Iraq's visiting Minister of Energy Ziad Ali Fazel […]

US Renews Iran-Iraq Energy Waiver

By John Lee. The United States has reportedly issued a new waiver allowing Iraq to pay Iran for electricity. According to Reuters, the waiver lasts for 120 days. While not directly confirming the waiver, US State Department spokesperson Matthew Miller told a press briefing on Tuesday: "So I don't have a comment to give on […]

Saudi-Iraqi Electricity Interconnector Opened

By John Lee. The Governor of Saudi Arabia's Eastern Province, Prince Saud bin Nayef bin Abdulaziz, has inaugurated the electricity interconnection project between Saudi Arabia and Iraq in the city of Dammam on Tuesday. His Highness confirmed that the electrical interconnection project between the countries of the Gulf Cooperation Council (GCC) aims to preserve energy […]

Iraq to Import Electricity from Jordan "in the Coming Days"

By John Lee. Iraq's Minister of Electricity has announced the successful completion of the electricity connection with Jordan, adding that imports from Jordan will start in the coming days. Ziad Ali Fadel also confirmed that the electricity connection contracts with neighboring countries are progressing as planned. He clarified that the Gulf-Saudi connection is also progressing […]

Iran "Clinches Good Gas Export Agreements with Iraq"

From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's oil minister said his ministry has inked good agreements with neighboring Iraq in the field of exporting gas, collecting associated (flare) gas and also exporting technical-engineering services in […]

New US Waiver letting Iraq pay Iran for Electricity

From Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Secretary of State, Antony Blinken, on Tuesday signed a new national security waiver letting Iraq pay Iran for electricity that, for the first time, allows such […]

Iraq's Power Problem: Financial and Technical Challenges

By Noam Raydan for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Power Problem (Part 1): Persistent Financial and Technical Challenges Diversifying Iraq's energy supplies won't mean much if its power infrastructure is not rehabilitated, and […]

Iraq, Iran Oil-Gas Swap to Continue to End-2023

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq, Iran oil-gas swap deal to continue until end of 2023 Iran has resumed the supply of natural gas to Iraq nearly two weeks after it had cut down its exports to the neighboring […]

Iraq to Barter Crude Oil for Iranian Gas

By John Lee. In an effort to address the electricity crisis and overcome financing and sanctions-related challenges, Iraq and Iran signed an agreement on Tuesday in Baghdad, involving the exchange of Iranian-imported gas for Iraqi oil. Representing the Iraqi side, Mr. Ihsan Yaseen Al-Awadi, Chief of Staff to the Prime Minister, signed the agreement, while […]