Tag Archives | electricity imports

National Grids of Iran, Iraq “Synchronized”

Iran connected its national grid to Iraq on Friday in a bid to help the Arab country reduce its power outages. The power grids of Iran and Iraq were synchronized in a ceremony held on Friday with Iranian Energy Minister Reza Ardakanian and the Iraqi deputy minister of electricity. Earlier this year, the two countries […]

Iran Electricity Export to Iraq Hits Record

Iranian Energy Minister Reza Ardakanian (pictured) has said the export of electricity to neighboring countries has reached a record high in the past year. Addressing a Sunday session of Tehran’s City Council, Ardakanian said management of the situation over the past two water years has helped the country break the record in three sectors of […]

Iraq signs deal to Import Electricity from Gulf States

Iraq has signed a landmark deal with the Gulf Cooperation Council (GCC) for a power line to import 500 megawatts of electricity by 2020, local reports said on Sunday. According to the Iraqi Electricity Ministry, the 300-kilometre line will run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC. Electricity […]

Video: Iraq Oil Industry aims to be Energy Independent

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Years of war and instability have damaged Iraq’s gas and oil infrastructure, leaving it dependent on energy imports, despite having huge reserves. Now it wants to turn that around, with help from overseas […]

Basra Protests Build as Sub-standard Services Persist

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Basra protests build in Iraq as sub-standard services persist In an exclusive interview with Al-Monitor, Iraqi Minister of Electricity Luay al-Khatteeb talked about the situation of Iraq’s electricity sector amid tense […]

US Grants Iraq Waiver to Buy Iranian Electricity

By John Lee. The Trump administration has reportedly granted Iraq a 120-day waiver from its sanctions against Iran, to allow it to continue importing electricity from the country during the hottest of the summer weather. The decision followed a phone call on Friday between Secretary of State Michael Pompeo (pictured) and Iraqi Prime Minister Adel […]

Iran “ready to Expand Gas, Power Trade with Iraq”

President Hassan Rouhani has called for Iran and neighbouring Iraq to expand their gas and electricity dealings and boost bilateral trade to $20 billion, state TV reported, despite difficulties caused by US sanctions against Tehran. “The plans to export electricity and gas and hopefully oil continue and we are ready to expand these contacts not […]

Video: Iran Sanctions threaten Iraq’s Energy Supply

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. There is a fight over energy in Iraq between the US and Iran. Iraq relies on Iranian gas for nearly half of its energy – gas that is now subject to US sanctions […]