The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As a coalition of Sunni Arab states led by Saudi Arabia targets Shiite Houthi forces and their allies in Yemen, Iraqi Kurds are watching with concern and caution, wondering how […]
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. Thanks to Nuclear Deal, Iranian Migrant Workers Plan To Leave Iraq The nuclear compromise between Iran and Western powers is a chance to return home and be with our families, […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It appears that neither Iran nor Saudi Arabia, the two rival parties to the proxy and direct wars in the Middle East, was satisfied with the signals sent by Iraqi Prime […]
By John Lee. Iran's PressTV reports that preliminary tests have been carried out over 50 kilometers of the final stretch of the pipeline from Assaluyeh, near Iran's offshore South Pars oil and gas field, to Iraq. A spokesman for the National Iranian Gas Company (NIGC) said the next test will be carried out over the […]
By John Lee. During a visit to Basra, the Iranian Transport Minister, Abbas Akhwandi, has signed a Memorandum of Understanding (MoU) with the Governor of Basra, Majid al-Nasrawi, to lift sunken ships in the Shaat al-Arab waterway. According to a report from AIN, the two also laid the corner stone for a railway project linking […]
By John Lee. The managing director of the National Iranian Gas Company (NIGC) has said it is possible for Iran to export natural gas to Kuwait through Iraq. Hamid Reza Araqi was quoted as saying that the pipeline which is being built to export gas to Iraq could be used for this purpose also. Iran […]
By John Lee. Iraq's Transport Minister has said that companies from the UAE, Iran, Turkey and China have offered to invest $7.4 billion dollars (8.6 trillion Iraqi dinars) for the development of the Grand Faw (Grand Fao) port project. Baqir Al Zubeidi told al-Forat news agency that the investment would cover the construction of quays […]
Iraqi army and militia forces are fighting to take back Tikrit from the so-called Islamic State. Pulling the strings on the Iraqi side is an Iranian: Major-General Qassem Suleimani, the 'shadow commander' who has been described as the single most powerful operative in the Middle East. As the leader of the foreign branch of Iran's […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While the United States has invested trillions of dollars and thousands of lives since 2003 to bring Iraq into its orbit, today it is Iran that appears to have achieved that […]
By Patrick Schmidt. Iran already holds a growing position of influence in Iraq and this position has grown once again. The Iranian government has dispatched a number of advanced missile and rocket systems to Iraq to aid the in the fight against the Islamic State (IS, ISIS, ISIL). The systems seem to be Fajr-5 rockets […]
By John Lee. Iran’s PressTV said on Saturday that Iraq has started a new round of talks with Iran and Kuwait over the development of oil wells that are shared between the three countries. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) said that this is consistent with Iraq’s policy of expanding its crude […]
By John Lee. India's oil imports from Iraq have seen a sharp increase in January, according to Platts, climbing 56 percent to 2.48 million mt. Eklavya Gupte, associate editor, Europe and Africa crude oil, at Platts said: “Indian refiners are importing Iraqi Basrah light crude oil to compensate for the drop in imports from Iran […]
