A major Iranian businessman said exports of goods and services to Iraq were down year-on-year in February at $11 billion. Yahya Al Es’haq, who leads the Iran-Iraq Joint Chamber of Commerce, added exports to Iraq had been affected by the spread of the new coronavirus in Iran, noting, however, that trade between the two countries…
the volume of products exported from Iran to neighboring Iraq over the past year at $13 billion, while about $9 billion worth of products were exported to Iraq in the first nine months of the current year (March 21 to Dec. 22, 2019).
Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars Gas Field on Sunday which were completed at a cost of $20 billion, local media reported. The inauguration of phases 17-21 paves the way for Iran to overtake neighboring Qatar in production from the offshore gas field which it shares with Iran, Iranian…
Spokesperson of National Iranian Gas Company (NIGC) said Iran-Iraq gas pipeline will be unveiled on Tuesday though exports to the neighboring country will still remain in a halt. NIGC Spokesman Majid Bujarzadeh made the remarks emphasizing that Iran is ready to inject gas into the export pipeline asserting “the Iraqi side is still unprepared to…
