The latest Syria – Iraq Business News – oil Pipeline, gas, security, trade, & more – brought to you by Iraq Business News
By John Lee. Iraq has agreed to facilitate the issuance of entry visas for Syrian merchants classified as Excellent, First, and Second Class. According to the Federation of Syrian Chambers of Commerce, the move follows the organisation's efforts to remove obstacles facing Syrian traders seeking access to foreign markets. Federation President Alaa Omar Al-Ali informed […]
By Winthrop M. Rodgers, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Division between Iraq's Kurdish parties risks undermining Kurdistan Region's Autonomy The KDP and PUK largely agree on Kurdish issues in Turkey, Iran and Syria. But division on how to […]
By John Lee. Talks between Iraqi and Syrian officials in Damascus have covered oil exports from Iraq via the Syrian port of Baniyas, trade volumes, and agricultural cooperation. According to Iraq's Prime Minister's Office, the meetings were co-chaired by Prime Minister Ali al-Zaidi and Syrian President Ahmad al-Sharaa. Topics discussed included: Exporting Iraqi oil through […]
By Gökçe Nur Ataman, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts US Oil Giants to Secure New Export Routes Chevron and ConocoPhillips are pursuing different paths into Iraq's oil sector, but the $60 billion in announced deals […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Oil Revenue Slump Leaves Iraq Facing $23bn Budget Deficit Iraq's oil revenues have slumped as a result of the disruption to exports caused by the Iran […]
By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […]
By John Lee. Iraq's oil export rate has reportedly risen to more than 3.4 million barrels per day (bpd) in the current month, up from an average of 3 million bpd recorded in September. Exports are being routed via the Strait of Hormuz, the Turkish port of Ceyhan, and through pipeline infrastructure via Syria. Minister […]
By John Lee. A joint delegation from the US-Kurdistan Business Council (USKBC) and US-Syria Business Council (USSYBC), representing more than 30 US companies active in sectors including defence and security, energy, logistics, transportation and industry, has visited the Kurdistan Region of Iraq. According to the Kurdistan Regional Government, Prime Minister Masrour Barzani received the delegation […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey to Gain from Upcoming Oil Pact with Iraq Turkey will gain from an expected oil pact with Baghdad that replaces a decades-old deal governing Iraq's […]
By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […]
By John Lee. Iraq and Syria have agreed a package of measures to streamline truck transit and border crossing procedures, including an expansion of the Rabia crossing and the introduction of dedicated lanes for commercial traffic. The agreements were reached at a joint videoconference meeting attended by the Director General of the General Company for […]
