Rostam Qasemi | Al Bawaba

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Based on the agreement, Iran would earn $3.7 billion a year from natural gas exports to Iraq.

September 1st, 2013 - 12:55 GMT

Iran to remain bound by gas export deal with Iraq

Deputy Iranian Oil Minister Javad Owji put the cost of the 48-inch pipeline at 342 million dollars.

Iran, which holds the rotating OPEC presidency, usually pumps as much as its creaking oil sector will allow but opposes OPEC production increases because of their potential to reduce per barrel sales revenues

October 3rd, 2011 - 03:19 GMT

Iran, Saudi Arabia see balanced oil market