Iran has high capacity and potential to export electricity up to twofold of the current capacity to neighboring Iraq.
Read More »Iran. Iraq to Further Increase Trade Ties
Iranian Commercial Attaché to Iraq Nasser Behzad announced that the two neighboring countries have signed a new agreement to further ease bilateral trade ties and increase economic cooperation.
Read More »Greece Offers Opportunity for Turkey If Drilling Disputes are Resolved
Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.
Read More »Persian Gulf Conflict could Impact Commodities Markets
India imports more than 80% of its oil and around two-thirds of that comes from the Middle East.
Read More »Iraq Plans to Launch Pipelines to Export Oil through Jordan. Syria
The goal is to increase Iraqi export outlets and find markets for the increasing oil production.
Read More »EU due to take steps against Turkey over Cyprus offshore drilling
Experts estimate that the sea bed off Cyprus holds around 227 billion cubic metres of natural gas deposits.
Read More »EU will Freeze Flow of Funds to Turkey as Drilling Dispute Escalates
The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.
Read More »Iran Mulls Increasing Presence in Iraq Oil. Gas Projects
It is a good opportunity for Iranian companies to enter the Iraqi market.
Read More »TurkStream will Start Delivering Gas to Europe by Year’s End
Turkey has little of its own energy resources and is heavily dependent on Russian gas.
Read More »Any Strait of Hormuz Disruption Would Be “Major Obstacle“ To Economy
Most of Iraq’s oil is shipped through southern terminals.
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