The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By Simon Kent. New Iraqi Oil Minister Jabar Ali al-Luaibi has said he wants to work to increase Iraq's oil reserve estimates and increase exports while working with OPEC on quotas, which currently stand at 14% of OPEC production for Iraq. Luaibi noted, "We will work to draw up stable policies and work to achieve […]
By Simon Kent. Iran is to start exporting gas to Iraq from the South Pars field after a year long delay, Bloomberg reports. The shipments will begin at 7 million cubic meters a day for power generation in Baghdad. Another export route is planned for 2017, which will serve Basra, totaling 70 million cubic meters a day […]
Iran Should Grab More Share of Iraq’s Foreign Trade: Official Iran’s share of neighboring Iraq’s annual foreign trade is totally inadequate, an Iranian official deplored, saying China and Turkey have overtaken Iran in exports to Iraq. Chairman of Iran-Iraq joint chamber of commerce, Yahya Al-e Eshaq, said Iraq’s market has a capacity of $190 billion […]
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. Why some Iraqi Shiites are pushing for Distance from Iran Iraq’s Shiites are witnessing a political-religious rift in their stance toward Iran whose development can be traced back to 2003. While some express complete […]
Iranian Foreign Minister Mohammad Javad Zarif vowed the country’s continued support for the Iraqi nation, saying that Tehran will never hesitate to stand by Baghdad in the fight against foreign-backed terrorists. “The Islamic Republic of Iran will side with the Iraqi people and government until the complete elimination of terrorists,” Zarif said at a Sunday […]
By John Lee. Camp Liberty, which houses Iranian dissidents near Baghdad Airport, was shelled on Monday, wounding more than 40 residents, according to a report from Reuters. The camp houses members of the opposition People's Mujahideen Organisation of Iran (PMOI), which said it suspected "Iraqi groups affiliated with the Iranian" government were responsible for the […]
Campaign to save Iraq's historic marshes gathers pace Iraq’s historic Southern marshes, a spectacularly beautiful haven that brimmed with wildlife, was a jewel in Iraq’s crown. Now it faces permanent extinction, the victim of a man-made campaign to destroy it and the way of life of its indigenous people. AMAR came into being at the […]
Kurdistan Region Prime Minister Nechirvan Barzani has received a high-ranking delegation from the Islamic Republic of Iran. The two sides discussed the recent security development in the region, particularly on the border between the Kurdistan Region and the Islamic Republic of Iran. Prime Minister Barzani expressed his deep concern regarding recent events especially the shelling […]
By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. For the past two decades, energy interconnectivity has been one of the pillars of Iran’s regional relations. From the early days of the so-called oil swap deals between Iran and Central Asia in the […]
By John Lee. Iraqi Deputy Trade Minister Walid Habib al-Helou has reportedly announced that Tehran and Baghdad will sign a new memorandum of understanding (MoU) in the near future. The Deputy Minister called for increased trade between Iran and Iraq, adding that the MoU will remove obstacles to trade. (Source: IRNA)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iranian forces have shelled villages on the border with Iraq forcing hundreds of people to leave their homes. The Iranian government says they targeted the headquarters of a Kurdish separatist group. Al Jazeera’s […]
By Denise Natali for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the overthrow of Saddam Hussein in 2003 and breakdown of the Iraqi state, ethno-sectarian partition has become a popular political mantra. The assumption is that a federal state based on three autonomous regions — […]
