gas export

Iran’s annual gas export up 26%

The National Iranian Gas Company (NIGC) says its exports of natural gas surged by more than a quarter in the calendar year ending March 2020.

Energy

US extends Iraq’s waivers to import Iran electricity, gas

The United States Thursday granted Iraq a 30-day waiver to keep importing Iranian gas despite American sanctions.

Energy

US renews Iraq sanctions waiver for Iranian gas, electricity imports

The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.

Energy

Iran in gas transit talks with EU companies

Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company’s agenda, the CEO said.

Energy

Iran’s vice president urges China, friendly countries to buy oil

After one year of the imposition of oil sanctions, Iran’s economy now enjoys a stable status. Iran expects friend countries to act more actively in buying Iranian oil, Iran’s Vice President Jahangiri said.

Energy

Iraq sets up SPV to buy Iranian power in wake of US sanctions: Report

AFP is reporting that a dinar-based account in Trade Bank of Iraq is supposed to be used to pay for Iranian energy in return for Tehran’s humanitarian purchases.

Financial Markets

US grants energy-hungry Iraq new Iran sanctions waiver: Reports

According to reports, Washington has given Baghdad a 90-day sanctions waivers to keep buying Iranian gas and electricity to meet summertime peaks of demand.

Energy

Iraq not seeking to substitute Iranian gas, electricity: Ambassador

The Iraqi envoy to Iran says although there are substitutes for Iranian energy, Baghdad maintains committed to imports from Iran and that is lookig for alternative ways of doing so.

Energy

Japan’s crude imports from Iran surged to nearly 300,000 b/d in March

The Asian country imported more than 290,000 barrels per day from Iran in March after the country restarted crude purchases from Tehran before the waivers ended on 2 May.

Energy

Iran exports to Iraq worth $11bn annually

Iran has been dominating the market in Iraq as the Baghdad moves forward to rebuild the Arab country. Commodities and energy top Iraqi annual imports.

Trade