Iranian Gas passed off as Iraqi Origin

By John Lee.

Media in Pakistan report that Iranian LPG has been illegally imported into the country under the guise of Iraqi product.

According to Business Recorder, the latest case is one of five ships which are allegedly involved in the illegal import of Iranian LPG using a falsified declaration of origin.

Pakistan's Ministry of Interior (MoI) has reportedly directed the authorities to take action against the carrier.

More here.

(Source: Business Recorder)

The post Iranian Gas passed off as Iraqi Origin first appeared on Iraq Business News.

Refinery Targeted in Rocket Attack

By John Lee.

A rocket attack that targeted an oil refinery in the Khabat area of Erbil on Sunday has been widely condemned.

Six rockets were fired at the Kawergosk refinery, which is owned by KAR Group, reportedly damaging a storage tank.

The Iraqi Security Media Cell said it located a launch base near the Al-Fadhiliah area of Bashiqa district, in the Nineveh Plain, where a further four missiles were rendered rendered harmless.

Shafaq quotes a source as saying that one person sustained minor injuries in the attack.

In March, the home of the CEO of KAR Group, Baz Karim Barzanji, was badly damaged in a rocket attack attributed to Iran's Islamic Revolutionary Guards Corps (IRGC).

(Sources: Iraqi Security Media Cell, Shafaq, Asharq al Awsat, NRT)

The post Refinery Targeted in Rocket Attack first appeared on Iraq Business News.

Iraqi Working Group to coordinate with Iran on Gas Supply

By John Lee

Iraqi Prime Minister Mustafa al-Kadhimi has ordered that a working team from the Ministry of Electricity travel to Iran to solve problems related to the supplying of gas.

At a meeting with the Electricity Ministry and senior officials on Sunday, there was discussion about the high electricity demand in summer, and how to remove obstacles relating to the production and distribution of electricity.

The meeting addressed plans to protect electric pylons from sabotage, and the status of the rehabilitation work on the Baghdad / Baiji 400KV line.

(Source: Office of the Iraqi Prime Minister)

The post Iraqi Working Group to coordinate with Iran on Gas Supply first appeared on Iraq Business News.

Iran Ready to Extend Gas Export Deal with Iraq

By John Lee.

The CEO of the National Iranian Gas Company (NIGC) has said Iran is ready to extend its gas export deal with Iraq.

Majid Chegeni, who is also the Deputy Minister of Petroleum for Gas Affairs, said:

"Our relationship with Iraq is strategic and apart from economic relations, we have deep cultural and religious relations that are very important. The more our cooperation, especially in the field of energy, the deeper and more objective these relations will be."

(Source: NIGC)

The post Iran Ready to Extend Gas Export Deal with Iraq first appeared on Iraq Business News.

Iran “Appoints Special Envoy” on Iraq Petroleum Issues

By John Lee.

Iran's has reportedly appointed a special representative for petroleum issues involving Iraq.

According to ABNA24, Seyyed Abbas Beheshti will coordinate with the National Iranian Gas Company (NIGC) and the Central Bank of Iran to accelerate payments of arrears.

It adds that Iraq owes Iran nearly $6 billion for imports of natural gas to produce electricity.

(Source: ABNA24)

The post Iran "Appoints Special Envoy" on Iraq Petroleum Issues first appeared on Iraq Business News.

Iran Slashes Natural Gas Exports to Iraq

By John Lee.

An Iranian official has said that Iran's natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq.

Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day; they were believed to be running about 40 to 45 million cubic meters per day previously.

But he said that this was done based on an agreement and with prior notice, and has "nothing to do with [Iraq's] arrears to Iran."

He added, however, that the need to settle the debts is still on the agenda.

(Source: Shana)

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Pressure to Open Borders for Pilgrims despite Pandemic

By Hassan Ali Ahmed, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Iraq under pressure to open borders for Shiite pilgrims despite pandemic

While the Iraqi government attempts to prevent the spread of the delta variant from Iran, there is internal and external pressure to open its borders for Shiite pilgrims to visit the holy cities of Karbala and Najaf.

Click here to read the full article.

The post Pressure to Open Borders for Pilgrims despite Pandemic first appeared on Iraq Business News.

Amid Iranian Gas Shortage, Iraq searches for Alternatives

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Amid Iranian gas shortage, Iraq searches for alternatives

Iran's dilapidated gas infrastructure has limited its transfers to Iraq, adding to Iraq's own energy crisis.

Click here to read the full story.

The post Amid Iranian Gas Shortage, Iraq searches for Alternatives first appeared on Iraq Business News.