The Iraqi Deputy Prime Minister, Minister of Oil, Thamer Al-Ghadban attributed on Sunday the postponement of the conference of oil producing and exporting countries, until next Thursday due to “technical reasons”. Al-Ghadban said, in a statement to the official newspaper, “Al-Sabah”, that “the conference that was scheduled to take place …
Read More »Iraq Wants 30% Capex Cut from Foreign Oil Firms
Iraq, one of the oil producers worst hit by the oil price crash, is proposing that all foreign oil firms operating in OPEC’s second-largest producer cut their budgets by 30 percent on the condition that crude production levels do not suffer, Reuters reported on Friday, quoting local officials and industry …
Read More »China’s CPCEC Wins an Engineering Contract for Majnoon Oil Field in Iraq
The Chinese Petroleum Engineering and Construction Company “CPCEC” won an engineering contract worth $ 203.5 million to process high-sulfur gas in Majnoon oil field in Iraq. The project, which is scheduled to be completed within 29 months, aims to build a facility to process high-sulfur gas with a daily capacity …
Read More »Iraq Oil Minister Urges OPEC, Non-OPEC Emergency Meeting
Iraq’s oil minister has urged for an emergency meeting between OPEC and non-OPEC members to be called to discuss immediate action to help balance the oil market, according to a letter he sent to OPEC on March 17. In the letter seen by Reuters, Thamer al-Ghadhban asked OPEC Secretary-General Mohammad …
Read More »Iran’s Export to Iraq Underway Despite Problems
Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that Iran's export of products to neighboring Iraq is running despite some problems.
Read More »Iran’s Export to Iraq Underway despite Problems
Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that Iran’s export of products to neighboring Iraq is running despite some problems. He made the remarks in an interview with FNA on Sun. and added, “in spite of opening and closing Iranian and Iraqi borders repeatedly, Iran’s export …
Read More »No Truck Stranded at Iran-Iraq Border
An Iranian official denied the fake reports about the closure of the common border with Iraq. saying Iranian trucks are exporting commodities to the Arab country via all border crossings without any problem.
Read More »Iran Resumes Exports of Goods from Chazabeh Border to Iraq
Iran resumed exports of non-oil goods to Iraq from Chazabeh border. Khuzestan province.
Read More »Official Says Export of Goods Underway via Iran-Iraq Borders
The Director General of Iranian Road Maintenance and Transpiration Organization for Intl. Transport and Transit Office Manouchehr Salmanzadeh said on Sun. that products are exported via all Iranian and Iraqi borders except Mehran Border.
Read More »Iran-Iraq Trade Continues at Borders
The Iraqi Border Crossing Authority said that trading activities and imports from the Islamic Republic is still underway.
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