The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. TNA reports that Iran’s Minister of Industry, Mines, and Trade, Mohammad Reza Nematzadeh (pictured), is leading a delegation to Iraq for a two-day visit aimed at boosting trade between the two countries. During the visit, he will meet with high-ranking Iraqi officials and ministers, and will visit an Iranian trade fair 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. In June, Saudi Arabia announced that it would reopen its embassy in Baghdad after a 25-year rift. Iraqi officials, including President Fuad Masum, had visited Riyadh on Nov. 12, 2014, paving the way for […]
From Iran‘s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Speaker of the Iranian parliament, Ali Larijani, has sat down with Iraqi President Fuad Masum. The two sides have agreed on boosting economic relations. Larijani said they discussed ways of fighting the […]
Prime Minister Dr. Haider Al-Abadi received in his office on Sunday the Speaker of the Iranian Parliament Ali Larijani and his accompanying delegation. During the meeting they discussed strengthening of relations between the two countries in various fields and the war on Daesh terrorist gangs and the situation in the region and the challenges faced […]
By John Lee. Iran's Minister for Petroleum, Bijan Nadar Zangeneh (pictured), has revealed plans to increase production at the country’s western joint fields with Iraq by 200,000 bpd. The increase will happen over the next eight months and "surge to 700,000 bpd in the years to come", according to a report from PressTV. Iran has […]
By John Lee. President Haider Al-Abadi has congratulated Iran's government and people on the lifting of economic sanctions and the entry into force of the nuclear deal with the major powers. He added: "We look forward to this historic agreement contributing to the strengthening of security and stability and prosperity of the countries and peoples of […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran's alleged failure to protect Saudi Arabian […]
By Simon Kent. The US House of Representatives have voted to place special visa requirements on anyone who has visited Iraq, Iran, Sudan or Syria after March 2011. The regulations--in effect from the date of the beginning of the Syrian uprising, come in the wake of the Paris attacks and relate to concerns over individuals […]
By John Lee. Shafaaq reports that a new border crossing has been opened between Sulaymaniyah in Iraqi Kurdistan, and Iran. The new crossing at Siran Bin is the third in the province, and connects with the Iranian city of Bana. At the opening ceremony, the governor of Sulaimaniyah predicted that the new crossing will ease […]
By John Lee. The head of the Parliamentary Committee for Municipality and Tourism has said that there is a grave threat to water resources in parts of Iraqi Kurdistan due to an Iranian policy that will dry up the Region’s water resources originating in Iran. After visiting the Sirwan River in Halabjah province, Omer Haji […]
The First Deputy Managing Director of the National Iranian Drilling Company (NIDC) said the company will add two more drilling rigs to the development project at South Azadegan oilfield, which is shared between Iraq and Iran. Mohammad Reza Takayedi told Shana that NIDC has been tasked with drilling operations of 40 wells in a 24-month […]
BasNews reports that the Kurdistan Regional Government (KRG) is planning to build pipelines transporting oil and gas to and from Iran. Abdullah Akrayi, the Head of the KRG’s Department of Relations with Iran, told BasNews that Erbil has resumed discussions with Tehran to establish two pipelines importing gas from Iran and sending KRG oil to […]
