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Oil and Renewables

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Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid
December 24th, 2025 - 07:48 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid

ALBAWABA- Iraq faces major energy shock as Iran halts gas exports, slashing up to 4,500 MW from national grid Iraq’s power sector was hit hard after Iran suspended all natural gas exports, wiping out 4,000 to 4,500 megawatts from the national grid and exposing the fragility of the country’s already overburdened electricity system. Spokesman Ahmed Moussa said Baghdad received an official notification from Tehran citing “extraordinary circumstances,” prompting the shutdown ...
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During the event
November 21st, 2018 - 07:40 GMT

Public Authority for Industry, Equate & NTEC Sign Accord for Renewable Energy Project

Renewed buying comes after the US went back on its pledge to zero Iran’s oil exports and give waivers to eight major clients of the country. (Shutterstock)
November 21st, 2018 - 05:34 GMT

Japan, South Korea to Resume Oil Imports From Iran

Other designated entities include Iran-based Tadbir Kish Medical and Pharmaceutical Company and the Moscow-based Mir Business Bank. (Shutterstock)
November 21st, 2018 - 05:14 GMT

US Launches Sanctions on Iranian and Russian Oil Shippers to Syria

As oil prices are down more than 20% from the highs of the year, the market expects Opec+ to decide in December 2018 on continuing oil production cuts in order to support oil prices. (Shutterstock)
November 20th, 2018 - 06:34 GMT

Qatar Able to Balance 2018 Budget With Oil Price Padding of $23.8

The Iranian oil minister reiterated that he expected it to expedite the preliminaries to start piping Iranian gas to Oman. (Shutterstock)
November 19th, 2018 - 09:59 GMT

Iran, Oman Initiate Gas Export Talks

The exported non-oil goods weighed 576,000 tons. (Shutterstock)
November 19th, 2018 - 09:39 GMT

Iran's Non-Oil Exports to Qatar Reach $2.9 Million

After demanding a firm stand and commitment by all oil producers, it went full blast to waivers and exceptions. (Shutterstock)
November 18th, 2018 - 05:51 GMT

Oil Producers Retaliate Against Trump's Iran Sanctions Waivers With $70 Price Tag per Barrel

According to officials, the export process will be run by Iraq’s government-run SOMO oil marketing company. (Shutterstock)
November 18th, 2018 - 05:28 GMT

Kirkuk Oil Exports to Resume as Baghdad and Erbil Reach Agreement

Iran's Caspian field, Sardar-e Jangal, was discovered in 2001. According to initial estimates, this field holds 50bcm of natural gas and 2bb of oil - of which Iran could expect to obtain 500 million barrels. (Shutterstock)
November 18th, 2018 - 05:12 GMT

Why Isn't Iran Exploiting Its Shared Oil Fields With Azerbaijan?

The JCPOA was signed in 2015 by Iran, the European Union and the Group 5+1 of countries (China, France, Russia, the United Kingdom, and the United States plus Germany). (Shutterstock)
November 18th, 2018 - 05:04 GMT

EU, South Africa Urge World Leaders to Uphold JCPOA Agreement With Iran

ADNOC Distribution
November 15th, 2018 - 05:55 GMT

ADNOC Distribution Continues to Grow Strongly With 3Q18 Earnings

Iraq has extensive trade ties with Iran and heavily depends on Iranian natural gas imports for electricity generation. (Shutterstock)
November 15th, 2018 - 05:00 GMT

Iraq Will Not Accept US Deadline to Stop Iran Gas Imports

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