The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
A senior Iranian oil official said the country has started pumping gas into a pipeline that the Islamic Republic plans to use for exports of natural gas to Iraq. “The pipeline is complete on the Iranian side and will be soon inaugurated by senior Iranian officials to start pumping gas into Iraq,” Managing Director of […]
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. Iraq is facing a new crisis with Saudi Arabia as a result of their differing points of view regarding regional issues, most notably those related to Lebanon-based Hezbollah, which was recently classified […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Secret plan for Kurdish Oil Pipeline Through Iran May Soon Be Reality An oil pipeline from Iraqi Kurdistan through Iran to the world has the potential to change the balance […]
By John Lee. Iran has cut electricity to the Penjwen district east of Sulaimani, as well as to neighboring villages in Iraqi Kurdistan, since Monday. According to a report from eKurd, the supply was cut off after the Kurdistan Regional Government (KRG) failed to repay loans of $27 million to Iran. Iran has provided the Penjwen […]
By Rami Khrais for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Do gas condensate exports represent new beginning for Iraq's hydrocarbon industry? Iraq exported its first shipment of gas condensate on March 20, from the port at Khor al-Zubair to Fujairah in […]
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 March 12, US Consul General Steve Walker visited Al-Sadr Teaching Hospital in Basra to pay his respects to wounded members of the Popular Mobilization Units. The visit marked the first time […]
By John Lee. Iran has reportedly signed an agreement with France's Total to develop the South Azadegan oil field, which is shares with Iraq. Iranian Oil Minister Bijan Zangeneh (pictured) is quoted as saying that both parties have agreed to keep the details of agreement confidential, adding that the French firm is now "studying its […]
By John Lee. Research has found that the Tigris-Euphrates Basin -- comprising Turkey, Syria, Iraq and western Iran -- is losing water faster than any other place on the planet except northern India. According to the UN Development Progamme (UNDP), while scientists have been able to record falling water levels, political analysts have simultaneously observed […]
By John Lee. Iraqi Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi] met with Mr. Kamal Kharrazi, the Head of the Foreign Relations Strategic Council in the office Mr. Ali Khamenei, the Supreme Leader of the Iran. At the meeting on Tuesday they discussed development of relations in the energy sector. (Source: Iraqi Ministry of […]
By John Lee. Iran and Iraq have signed a memorandum of understanding (MoU), covering cooperation in the banking sector, in Baghdad on Wednesday. IRNA reports that the MoU was inked at a meeting attended by the visiting Governor of the Central Bank of Iran (CBI), Valiollah Seif (pictured), and his Iraqi counterpart Ali Al Alagh […]
By John Lee. US Presidential candidate Donald Trump has said that America "should have never been in Iraq". "It was one of the worst decisions ever made in the history of our country," he told The Washington Post. "We then got out badly, then after we got out, I said, 'Keep the oil. If we don’t […]
By John Lee. Iran’s Amirkabir University of Technology has plans to offer educational services in Southern Iraq. Amir Golroo, assistant professor at the university's Department of Civil & Enviromental Engineering, told Trend that a separate office for Amirkabir University is being built on campus at of one of Iraqi universities: "We are especially focusing on […]
