Tag Archives | gas imports

Iraq Signs 2-Year Electricity Import Deal with Iran

Iran signed an agreement on exports of electricity to neighboring Iraq, covering 2020 and 2021. The two sides signed the agreement during a visit to Baghdad by Iran's Minister of Energy Reza Ardakanian, stressing their determination to broaden cooperation in the energy sector, despite American pressure on the Iraqi government to reduce economic ties with […]

Iranian Minister in Iraq for Talks on Energy Cooperation

Iran's Minister of Energy Reza Ardekanian has paid a visit to Iraq for talks on energy cooperation. During his trip to Baghdad, Ardekanian will hold talks with his new Iraqi counterpart and the other senior officials of the Arab country to weigh plans for the promotion of cooperation in the electricity industry. The Iranian and […]

US Renews Waiver for Iraq to Import Electricity from Iran

By John Lee. Washington has renewed a waiver for Iraq to continue importing Iranian electricity, a US State Department official said. "The Secretary granted this brief extension of the waiver to allow time for the formation of a credible government," the official said, referring to US Secretary of State Mike Pompeo, and added that the […]

Iraq Reduces Energy Imports from Iran by 75%

From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq reduces energy imports from Iran by 75%  Iraq has reduced its electricity and gas imports from Iran by 75 per cent after achieving a strong […]

Iraq "likely" to get New Waiver for Iran Gas Imports

By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq likely to continue importing Iranian natural gas under US waiver renewal Iraqi officials have indicated that the United States is likely to renew a key Iran sanctions waiver […]

Iraq may Stop Iran Gas Transfers if US Waiver Ends

By John Lee. The head of Trade Bank of Iraq (TBI) has reportedly said that the bank would stop processing payments for Iranian gas imports if a US sanctions exemption expires next month. Faisal al-Haimus told AFP: "As a bank, the most important thing we have is that we are compliant (with international regulations). That's […]

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 […]

Iraq gets Reprieve to continue Buying Iranian Gas

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. US grants Iraq reprieve to continue buying Iranian gas The United States has decided to grant Iraq a third 90-day sanctions waiver so it can continue to purchase gas from […]