The two countries, which refer to themselves as friends and brothers in international bodies, have developed in recent years their economic relations in addition to political spheres.
Iran and Iraq have common oil fields west of Karun, they are also considered major producers in OPEC, but Iran has a superior characteristic compared to Iraq in the field of energy, namely gas and high-level technical and engineering services.
According to Shana's report, trade and economic relations between Iran and Iraq have further developed in recent years, and the two countries have developed their economic relations in addition to political spheres.
Iran's gas export to Iraq has started since 2015, but officials from both countries believe that both countries have strong capabilities to develop cooperation in the energy sector.
Thus, the Iranian and Iraqi oil ministers exchanged and discussed on the sidelines of the 8th international seminar of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna to promote joint oil projects.
Iranian Petroleum Minister Javad Oji and Iraqi Petroleum Minister Hayan Abdul Ghani on the sidelines of the second day of the 8th OPEC International Seminar discussed for hours joint oil and gas cooperation at a high level. higher than in recent decades.
Joint investments and development of joint oil fields, export of technical and engineering services from Iran to Iraq and implementation of joint projects were among other topics discussed by Oji and Abdul Ghani.
Continuing to export gas to Iraq, Iran has two gas contracts with Iraq; The first was signed in Baghdad in 1992 and the other in Basra in July 2014. The 6-year gas export contract to Basra in 2014 with the aim of sending a maximum of 3 gases per day to Iran has no debt. country should consult Iranian officials.
According to him, Iraq imports 20 million cubic meters of gas from Iran every day, and this country needs more gas, which is why negotiations, meetings and periodic trips at high levels are taking place. in order to increase gas imports from the Iranian side.
Majid Chegani, Deputy Minister of Oil and Gas Affairs, referring to the settlement of Iraq's gas debt to Iran, said recently: the Iraqi Ministry of Electricity has paid all our gas debts and this debt is now zero, but sometimes there are problems transferring the money from the TBI Bank of Iraq to Iran was born.
In 1401, about 17 billion cubic meters of gas were exported from Iran, on average, 20 million cubic meters of gas were exported to Iraq every day, and now about 35 million cubic meters are exported daily.
$1.6 billion of Iran's pending demand from Iraq for the export of gas to Iraq that had not been paid to Iran was received in this government, and it is interesting to note that in the 13th government, gas money is received in present form every month for the export of gas to Iraq.
In 1401, in the field of gas exports to Iraq, we saw a volume growth of 43%, and we have negotiations on the agenda for the continuation of exports.
The agreement to extend gas exports from Iran to Iraq for the next 5 years, based on the agreement of the two parties, two gas contracts between the two countries will be extended for the next five years after crossing expert procedures.
In April this year, after meeting Iraqi Electricity Minister Ziad Ali Fazil at a gathering of journalists, referring to the signing of a memorandum of understanding on cooperation between Iran and the Iraq in the field of oil, gas and petrochemicals, Oji said: Iran, in terms of human capital and technical and engineering capabilities, is in the position Therefore, based on the protocol of he agreement signed with the Iraqi side, we will cooperate with Iraq in the field of information exchange, exploration and development of joint resources oilfields in the form of unifying the development of these fields.
Huge energy projects between Iran and Iraq Currently, the cooperation between Iran and Iraq in the energy sector is carried out despite the unilateral sanctions of the United States, so that the two countries have five major projects in the energy sector under implementation or negotiation.
According to the spokesman of the Iranian Union of Petroleum, Gas and Petrochemical Exporters, the Kirkuk oil exchange has started, a result of cooperation with the Iraqi Ministry of Petroleum, in accordance with this action, about 80 Crude oil trucks arrive in Iran. daily, as well as negotiations for the export of gas from Iran for industries. Iraq has started that the party to the negotiations is the Iraqi Gas Company.
Cooperation negotiations in the field of liquefied gas (LPG) have also started.
The Iraqis are interested in using Iran's experience in the field of liquefied gas, both in the field of cars and large residential complexes.
The set policy of the Islamic Republic of Iran is to expand cooperation with neighboring countries and the main strategy of the Ministry of Petroleum is to cooperate with other countries in the field of energy. The win-win formula will work well.
Export of technical and engineering services to Iraq Iran currently has technical engineering services export contracts with 18 neighboring countries, among which Iraq's share is much higher than other developing countries. because of its deep religious, social and political ties.
According to the Secretary General of the Joint Iran-Iraq Chamber of Commerce, it is possible to reach 5 billion dollars through the export of technical and engineering services to Iraq.
Last year, a 4 billion dollar contract was signed with Iraq in the field of export of technical and engineering services, and with this contract part of the export deficit to Iraq will be compensated.
According to the head of the Iran-Iraq parliamentary friendship group, it is possible to export technical and engineering services from Iran to Iraq only in the field of energy and the development of oil fields until to a ceiling of $50 billion per year. he announced that Iran was ready to export technical and engineering services to Iraq in the upstream and downstream fields and said: Iran would like to benefit from Iraq's participation in the development of the oil and gas industry.
On the sidelines of the 27th Oil, Gas, Refining and Petrochemical Expo, Majid Chegani, CEO of Iran's National Gas Company, announced that Iran is ready to implement and complete Iraq's gas projects during of a meeting with Laith Abdul Hossein Al-Shahar, Iraqi Deputy Minister. of oil.
With these interpretations, the export of technical and engineering services to Iraq is a fact that can lead to good jobs and should be noticed and valued by Iranian businessmen, if not, other countries, including France, which recently signed a $27 billion contract with Iraq They are using these economic opportunities to develop signed oil fields.