Tag Archives: Iraq

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

Iran’s electricity exports to Iraq have steeply risen this year.

Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

The nuclear negotiators prevented US President Donald Trump'.s adventurism towards Iran by inking the JCPOA.

Iraqi Kurdistan exports around 500.000 barrels of oil per day.

Iraq is on board with extending the deal in the next OPEC meeting to help stabilize oil prices and balance the market.

Export of Iran'.s electricity to Iraq is about 1500 megawatts.

Iran has signed MoU with some of big companies to study the joint fields with Iraq.

In February Iraqi reserves increased to 153 billion barrels.