The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. Iran's gas contracts with Iraq have been put on hold due to the difficulties in Iraq, Iranian Petroleum Minister Bijan Namdar Zangeneh said on Thursday. "We have two gas contracts with Iraq and we are ready to export gas to Baghdad but they have some difficulty. It depends on Iraqi system," Zangeneh said. (Source: Sputnik)
By John Lee. Former U.S. Ambassador to Iraq and Afghanistan, Zalmay Khalilzad, has said that Iraqi Shi’ite officials have complained of Iran’s interference in their country’s affairs, saying the militias backed by Tehran might turn against each other in the future over a dispute on oil. In an interview with Asharq Al-Awsat, he added: "[Iraqis] […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran's Quds Force Commander Qasem Soleimani has stirred a great deal of controversy in Iraq, where people have started arguing over whether his role is a positive or a negative one. Some Iraqi youths […]
Iran dispatched the first cargo of its gas oil to Iraq’s Kurdistan region on Wednesday, Alireza Ashnagar Iran’s Kordestan province deputy governor general for political, security and social affairs said. He noted that 290,000 liter of gas oil were sent by 10 tankers to the Iraqi Kurdistan region in a bid to enhance living condition […]
The Chairman of Iran-Iraq Chamber of Commerce, Yahya Ale Eshaq, has called for increased investment and trade with the southern provinces of Iraq, including Basrah. Iraq's Basra Province is a good market for export of Iranian commodities including oil, gas, food, building materials, technical and engineering services, he added. The official referred to the resolution […]
By John Lee. The secretary of Iran's Cement Industry Employers Association has said that Iraq has promised to remove its ban on the import of Iranian cement. Fars news agency quotes Abdolreza Sheikhan as saying that following several meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports, once general ban […]
KRG Prime Minister Nechirvan Barzani received Mr. Mahmoud Alavi, Minister of intelligence of Islamic Republic of Iran and his accompanying delegation on Saturday. Mr Alavi said that Iran attaches great importance to its relations with Kurdistan Region, stressing that these relations have deep historical roots. The delegation stated that Iran has always considered the Kurdistan […]
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. On the night of April 30, the crowd that stormed the Green Zone gathered in the Great Celebrations Square inside the zone and chanted “Iran Out Out” and “Qasem Soleimani … Sadr is a […]
By John Lee. Iran has reportedly resumed electricity exports to Iraq following a hiatus over unpaid fees. Power was restored following the visit of an Iraqi delegation to Tehran to settle the issue. (Source: PressTV) (Electricity image via Shutterstock)
By Simon Kent. Iraq's Deputy Oil Minister Fayadh Nema, who is currently acting Oil Minister until Abadi's new cabinet is finalized, has recently announced a trip to Tehran to discuss cross border oil fields. Once a controversial topic between Tehran and Baghdad, Iraq's many cross border oil fields are now back on the agenda as sanctions […]
By Simon Kent. US Defense Secretary Ash Carter has met with Gulf Cooperation Council Secretary-General Abdullatif al-Zayani and six of his counterparts from the GCC, to discuss the war against the so called Islamic State in Iraq. The meeting comes ahead of a planned GCC summit this week, which Barack Obama will attend. But underlying the […]
By Simon Kent. The National Iranian Gas Transmission Company has announced that 100km of pipeline has been completed on the Iranian side of the border, part of a planned 270km network to take gas to power stations near Baghdad. The project is part of a deal signed between both countries in 2013, whereby Iran would export […]
