Iranian Energy Minister Reza Ardekanian has travelled to Russia to take part in the 24th edition of St. Petersburg International Economic Forum (SPIEF). Heading a delegation, the Iranian minister arrived in Moscow on Wednesday to attend the economic forum. Ardekanian is going to hold talks with his Russian counterpart to …
Read More »Iran to Use $125m of Assets Held in Iraq to Buy Covid-19 Vaccines
Iranian Energy Minister Reza Ardakanian, who is the chairman of the Iran-Iraq Joint Economic Committee, has said Iraq is going to transfer $125 million of its energy dues to Iran to a European bank to be paid for 16 million COVAX Covid-19 vaccines. “The necessary license has been issued to …
Read More »Iraq to Continue Imports of Iranian Gas, Electricity
In a meeting with his Iranian counterpart in Tehran, Iraqi Energy Minister Majid Mahdi Hantoush announced that his country will continue purchasing gas and electricity from Iran. “Iran and Iraq have agreed to continue imports of Iranian gas and electricity and Iraq will pay its debts to Iran,” Hantoush said …
Read More »Iran to Pay for Vaccine with Funds Held in Iraq
Iran will use its financial resources blocked in Iraq for the purchase of coronavirus vaccines from Russia, Energy Minister Reza Ardekanian said. In comments after a meeting with Iraq’s Electricity Minister Majid Mahdi Hantoush, held in Tehran on Sunday, Ardekanian said Iranian President Hassan Rouhani has ordered that the money …
Read More »Iraqi Electricity Minister Seeks Energy Cooperation with Iran
The Iraqi Minister of Electricity, Majid Hantoush, arrived on Saturday in the Iranian capital, Tehran, on an official visit. According to the official Iranian news agency “IRNA”, Hantoush met with the aide of the Minister of Energy, Humayun Haeri. The two sides reviewed ways to expand bilateral cooperation in the …
Read More »Iraq to Pay Arrears as Part of Contract with Iran
Iranian Energy Minister Reza Ardakanian announced that Iraq would pay its arrears to Iran as part of an agreement with Tehran, saying that the neighboring country will fully pay its debts. “There is no reason to worry about payments related to electricity exports to Iraq as this is carried out …
Read More »Iran among Advanced Builders of Hydraulic Megastructures
Iran’s minister of energy said on Tuesday that the Iranian engineers are among the most advanced builders of hydraulic megastructures, such as dams and tunnels. These advances are not confined to Iranian borders and several dams and tunnels in other countries have been built by Iranians, Reza Ardakanian said addressing …
Read More »Iraq Waiting for Resumption of Iran Gas Supply
Iraq is still waiting for Iran to resume supplying the country with sufficient amounts of gas for power generation, after the US granted Baghdad a 90-day waiver to continue to import electricity from Tehran on Dec. 30. “The reason for power shortages in provinces is the continuing slashing of Iranian …
Read More »Iran Receives most of Its electricity Demand from Iraq
Minister of Energy Reza Ardakanian said on Tuesday that Iraq’s debt to the National Iranian Gas Company and the Power Generation, Distribution and Transmission Company (Tavanir) have been paid by the Iraqi government except for two months. He said that Iran has two contracts regarding the exports of electricity and …
Read More »Iran’s Energy Minister Sees Iraq’s Visit Fruitful
Iranian Energy Minister Reza Ardekanian on Tuesday described his talks with senior Iraqi officials, including Prime Minister Mustafa al-Kadhimi during his visit to Baghdad as constructive and successful. Ardekanian and his accompanying delegation left Baghdad for Tehran late on Tuesday after day-long intensive talks with the Iraqi high-ranking officials. During …
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