Tag Archives: Middle East

With the natural gas market actively commissioned. an important step will be taken towards the pricing of natural gas.

Lawmakers passed a new law in March to establish the new national oil company.

Iraq has been importing electricity from Iran for many years after their power infrastructure was destroyed by decades of war and blockade.

Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.

Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.

Earlier this month. Iran has cut electricity supplies to Iraq due to unpaid bill. affecting Iraq’s Dhi Qar. Maysan and Basra provinces.

Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.

Iraq exported 3.490 million bpd of crude oil in May.

All of Libya’s natural resources and facilities should be returned to the recognized Libyan authorities as soon as possible.

Al-Salihi also called on Turkish officials to be sensitive on this issue in their talks with their Iraqi counterparts.