Tag Archives: Middle East

Iraq is seeking self-sufficiency in various spheres including electricity and gas.

Iraqi oil output was around 4.57 million b d in April.

U.S. sanctions will have no impact on the activities of the headquarters.

The two sides agreed to let NIOC set up a representative office in Iraq to facilitate activities by Iranian producers.

Turkey’s refineries are not equipped to process crude oil from just any other country.

The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.

Iranian and Turkish officials have already reached agreement to set up a joint bank.

Iraq has repeatedly announced that the economic and cultural ties between Iran and Iraq are historic.

Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.

The US decision damages regional cooperation and Turkey’s trade relations.