Iran declares its commitment to the gas pipeline to Iraq Emphasized the Director General of the Company’s engineering and expansion of gas Iranian Ali Reza grippy that Iran is committed to the implementation of the D project to extend the transfer of a gas pipeline to Iraq. was quoted by IRNA news agency IRNA grippy […]

{Baghdad: Euphrates News} Committee warned the economy and investment representative of wasting money the federal fiscal budget for next year in case of staying on the old style in running things, and stressed the need to go to a market economy and dependence on investment and the private sector.

Iran says it has concluded agreements worth 25 billion dollars, with Iraq Twilight News / Iranian consul in Erbil, the capital of the province of Kurdistan, Wednesday, that the country has entered into economic agreements with Iraq worth 25 billion dollars, including a deal to import gas. Hosseini told a great “Twilight News” that Iranian President […]

By Ayser Jabbar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Iraq’s aspirations to increase its oil exports to close to 7 million barrels per day by 2017 drew criticism from the Iranian Ministry of Petroleum. Iranian Petroleum Minister Bijan Namdar Zangeneh regarded the move, which seeks to make up for the lack of oil exports from his country as a result of sanctions, as “absolutely unfriendly.”

The Iranian Embassy in Baghdad concurred with the opinion of the petroleum minister.

“Iraq’s oil policies will be harmful to the interests of Iran, especially given its aspirations to increase its crude oil exports to compete on the market and to establish a place for itself on the international scene,” Iranian Deputy Ambassador to Iraq Aziz Salihi explained to Al-Monitor. “Iran’s oil exports have gone down due to sanctions from 2.5 million barrels to 1.2 million barrels per day.”

“Iran enjoys good and solid relations with Iraq, and we do not anticipate for this to be compromised because of oil policies,” he continued, pointing out, “We can hold a dialogue with concerned Iraqi parties to establish some sort of understanding in this regard.”

Amid this criticism and fear of increased Iraqi oil exports, the Iranian nuclear deal with the major Western powers has emerged as a promising step toward a powerful economic revival that will be witnessed by the Gulf. It will also spark competition between oil-producing countries in a way that may lead to disputes over shares, granting facilitations and preferences to consuming countries, especially in East Asian countries.

Oil expert Hazem al-Fartousi explained to Al-Monitor that the results of the agreement will have two trajectories. One will be toward quelling the markets from the geopolitical conditions related to the Iranian nuclear file, including the instability in prices it caused. The other will have to do with the return of Iranian [oil] exports, thus increasing the amount of oil available on the market in a way that would bring relative oil stability in Iran. This will also decrease Iranian fears of increased oil exports from Iraq that Tehran spoke of not long ago.

By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

The Sept. 8 visit by Iranian Foreign Minister Mohammad Javad Zarif to Iraq caught the media’s attention, but that of Qassem Soleimani, commander of the Iranian Revolutionary Guards Quds Force, in late August largely passed unremarked. While in Baghdad, Zarif denied that Iran had any intention of hitting US interests in Iraq in response to a potential strike on Syria.

He warned, however, “Whoever starts the war on Syria will not be able to contain it or put an end to it.” Soleimani’s talks, however, were shrouded in an air of secrecy and confidentiality.

Informed sources told Al-Monitor that Soleimani, dispatched to deal with developments involving Syria, had been disappointed by the failure of Iran’s “Iraqi friends” to stick together in confronting dangerous regional developments deemed fateful by Tehran.

These same sources confirmed that during his August visit Soleimani had no longer been interested in the types of details that he had discussed in the past, such as managing relationships among the key Shiite parties or their relationships with other Iraqi parties.

In this respect, it must be noted that Soleimani has been in charge of the Syrian dossier since the outbreak of the Syrian crisis within the capacity of his responsibility for Iranian national security. For the time being, Iraqi issues come in second, but are a complementary concern.

According to Al-Monitor’s sources, Soleimani was clearly upset during his visit by the lack of enthusiasm among the main Iraqi Shiite forces for a project Tehran proposed months ago within the scope of its regional arrangements. The political element of the proposed project sought to prompt Iraqi Shiite forces to form a united front for managing Iraqi affairs and to avoid conflicts among themselves.

Baghdad (newsletter). Vice-Chairman of the Committee, said the Deputy of the Kurdistan blocs Coalition/Ahmed Faizullah, Neil Iraq ranked fourth on the world level in terms of its known oil reserves, with more than 140 billion barrels, and the proportion (11%), to the third place after exploring new oil fields.

Called on Vice-President of the republic Khodair al United States to provide more support for Iraq in all fields and activating the strategic framework agreement signed between the two countries.

Maliki, Foreign Minister of Iran: sectarian less dangerous than chemical weapons BAGHDAD / obelisk: Iraqi Prime Minister Nuri al-Maliki, Sunday, Iran’s Foreign Minister Mohammad Javad Zarif, the cooperation of the two countries to meet the challenges experienced by the region in particular waves of extremism and terrorism and sectarian incitement, stressing that the sectarian less […]

Zarif to visit Baghdad in Iraq’s first tasks to discuss the three files Twilight News / A source in the Iraqi Foreign Ministry, said Thursday that the Iranian Foreign Minister Zarif will visit Iraq next week to discuss three files. The source told “Twilight News”, Mohammad Javad Zarif, will visit Iraq next week to visit […]