The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
The managing director of the National Iranian Gas Company (NIGC) said the Islamic Republic is fully ready to start exporting gas to neighbouring Iraq as soon as the Arab country opens a line of credit (LC) for the project. “Iraqis are now negotiating with international banks so they can open an LC,” Hamid Reza Araqi […]
By John Lee. Iranian deputy oil minister Ali Kardor has reportedly urged Iraq to pay off its outstanding debts relating to the construction of a joint gas pipeline with the Islamic Republic. According to Mehr News Agency, he said that if Baghdad fails to settle its outstanding debts, Tehran will not deliver gas to Iraq. The […]
An Iranian deputy foreign minister expressed Tehran’s willingness to ease visa requirements for incoming tourists from Iraq if Baghdad’s government would agree to do so for Iranians traveling to the Arab country. “I have announced in my latest consular trip (to Iraq) that we are willing to remove the visa requirements or take any measure […]
Top security officials from Iran and Iraq weighed plans for cooperation in the intelligence sphere in the fight against terrorism. The Secretary of Iran’s Supreme National Security Council (SNSC), Ali Shamkhani, and head of Iraq’s National Intelligence Service, Mustafa Kadhimi, held a meeting in Tehran on Sunday. A range of issues were discussed at the […]
By John Lee. Iraqi Airways has announced that it has added two new routes to Iran and Turkey. A route between Najaf to Isfahan will be operated by Boeing 737 and CRJ900, while one between Sulaymaniyah to Istanbul Ataturk will be operated by a Boeing 737. Each route will be served twice a week. (Source: […]
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. Every year, the number of pilgrims visiting religious sites in Iraq increases. After Iranians were not allowed to travel to Mecca to perform the hajj this year due […]
By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Saudi newspapers reported Sept. 15 that Shiites are expected to replace their pilgrimage to Mecca with religious visits to Iraq’s Karbala instead. According Al-Riyadh newspaper, Iran’s Supreme Leader Ayatollah Ali […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran has been holding nationwide parades to commemorate the anniversary of the 1980 war with Iraq. Every year, the event is used to highlight the latest advances in military technology. Al Jazeera's Reza […]
By John Lee. BasNews reports that the Kurdistan Workers' Party (PKK) is planning to extract crude oil in the border areas it controls in the Kurdistan Region and transport it to Iran by truck. According to some local sources, a PKK team is building a new 5-km road across the border areas of Kurdistan Region […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. What's next for Baghdad-Tehran ties as last MEK members leave Iraq? On Sept. 10, commenting on the news that the last batch of Iranian dissidents affiliated with the Mujahedeen-e-Khalq […]
By John Lee. Iraq would reportedly consider selling crude through Iran if talks with Iraqi Kurdistan on an oil revenue-sharing agreement fail. Deputy Oil Minister Fayadh al-Nema told Reuters that Iraq's State Oil Marketing Organisation (SOMO) plans to hold talks with the Kurdish Regional Government (KRG), possibly this week. He said "If the negotiations come […]
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 […]
