Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting U.S. pressure to stop the imports from its Middle East neighbor. Iranian oil exports have tumbled since the United States imposed new sanctions …
Read More »Pipeline blast in Iraq halts power station supply, output unaffected.
A gas pipeline exploded near Basra in southern Iraq on Wednesday and halted supplies to a local power station, but did not affect gas or oil output, oil ministry officials and police said. A technical fault due to scorching summer temperatures appeared to have caused the blast in al-Haritha 10 …
Read More »Iraq, Oman to cooperate in oil and gas sector.
Iraq and Oman signed a memorandum of understanding to cooperate in the oil and gas sector, including the possibility of building a shared refinery in Oman for processing imported Iraqi crude, the Iraqi oil ministry said in a statement on Thursday. Iraq will aim to export crude to Oman, according …
Read More »US extends waivers for Iraq to import energy from Iran.
Washington has granted Iraq another 90-day waiver to allow it to keep importing gas and electricity from neighboring Iran, which is under tough US sanctions, two Iraqi government sources say. Speaking on condition of anonymity, one of the sources said on Saturday that the extension came following “long discussions” with …
Read More »Video: Explosion at Iran’s Nayeen offshore platform, No casualties.
A gas leak at a sea platform in Iran’s southern gas field of Pars, in partnership with Qatar and the Persian Gulf, triggered a minor fire on Wednesday. The fire broke out hours ago in the No. 9 of the stages of development 6, 7 and 8 in the field …
Read More »