The United States has renewed a waiver for Iraq to continue importing Iranian electricity, a State Department official said on Sunday, but this time for a shorter period of 30 days, adding that Washington would be reassessing whether to renew again once a ‘credible government’ is formed in Iraq.
Baghdad meets a part of its demand by purchasing resources it needs to supply its power plants from its neighbors like Iran.
In one of the most recent such moves, Tata Power Co. last year acquired one of the distribution utilities in the state of Odisha.
„(Iraqis) have continuously rejected the deals with GE and Exxon,“ a senior administration official told AFP, weeks before the recent waiver expired.
“As a brand new statement today of our support for sovereignty, prosperity, and energy independence of our European friends, today I want to announce that through the International Development Finance Corporation, and with the support of our United States Congress, we intend to provide up to $1 billion in financing to Central and Eastern European countries of the Three Seas Initiative,” Pompeo announced at the Munich Security Conference.
Mexico’s oil regulator fired 18 employees on Friday that formed part of a unit responsible for supervising some 100 exploration and production contracts won at auction by private companies including U.S.-based Exxon Mobil Corp and Britain’s BP.
According to a press release issued by the Italian Embassy in Nicosia, the frigate is conducting patrolling operations in the Eastern Mediterranean, for presence and surveillance activities, in compliance with international law and to safeguard national interests.
We are giving the Forest Service the opportunity to address the serious legal problems with this decision before actually filing a lawsuit. For the sake of our public lands and wildlife – especially the imperiled species that will be harmed by this project – we truly hope the Forest Service reconsiders its decision and either cancels the project or takes the steps necessary to bring the project in compliance with federal law.
Ignoring massive pressure from Washington and its allies in the region, Iraq has refused to switch to other suppliers or reduce imports from Iran, saying the Iranian energy is key to sustaining the civilian and industrial infrastructure after years of war and militancy in the country.
The Forum is jointly organized by Azerbaijan’s Ministry of Energy and the International Energy Charter under Azerbaijan’s upcoming chairmanship of the Energy Charter Conference.
The Russian president, accompanied by his energy minister and head of Russia’s wealth fund, met King Salman at his palace along with de facto ruler Crown Prince Mohammed bin Salman, with whom Putin says he has friendly relations.
Eni and Total together are licensed to carry out exploratory drilling in seven of Cyprus‘ 13 blocks that make up its exclusive economic zone. Eni said it expects the work to begin in the first half of next year.
The US said Turkey’s Yavuz drillship should cease its activities off Cyprus’ northeastern coast and leave the EEZ but was ignored again, as it has been repeatedly with Turkish President Recep Tayyip Erdogan defying the international community and getting away with it so far.
In February 2018, Lebanon signed its first contract for offshore drilling for oil and gas with a consortium comprising energy giants Total, ENI and Novatek.
Two blocks in the eastern Mediterranean are part of the deal, but Israel claims that part of Block 9 belongs to the Jewish state.
Australia, which has pledged A$3 billion ($2.11 billion) in cheap loans and grants in a bid to arrest its slide in influence, has pledged to work with the United States, Japan and New Zealand to provide electricity to 70% of the PNG population by 2030.
By midnight, power had been restored to most of the customers who had lost it, said John McAvoy, chief executive of utility Con Edison. More than 73,000 homes and businesses lost power, officials said.
According to Iranian state TV, Rouhani on Saturday called for both countries to expand their gas and electricity dealings and boost bilateral trade to $20bn, despite difficulties caused by sanctions imposed by the United States against Tehran.
Governors of the central banks of Iran and Iraq on Tuesday signed an agreement to facilitate the settlement of Baghdad’s debts to Tehran.
Iran’s Energy Minister Reza Ardakanian was in Baghdad for two days of talks with Iraq’s Electricity Minister Luay al-Khatteeb, Oil Minister Thamer al-Ghadhban, and Governor of the Central Bank Ali al-Alaq.
Iraq’s electricity grid is dependent on imports from Iran – natural gas to fuel domestic generators and up to 1,300 megawatts of Iranian-produced electricity.
Iran and Turkey have agreed to create joint committees for water affair and other related cooperation on power resources.
Iran’s Energy Minister Reza Ardakanian held a meeting with Turkey’s Minister of Agriculture and Forestry Bekir Pakdemirli in Ankara, Trend reports citing ILNA.
Without any special announcements, the quantity of natural gas that Israel will export to Jordan is likely to rise substantially, starting next year, according to the reports published yesterday by Tamar Petroleum Ltd. (TASE:TMRP) In October, the Tamar partners signed another agreement to supply gas to Jordanian customers Jordan Bromine Company and Arab Potash Company.
Assistant Secretary of State for Energy Resources Francis R. Fannon will travel to Tel Aviv and Jerusalem; Nicosia, and Cairo from November 11 to 20, 2018. During his trip, Assistant Secretary Fannon will be meeting with government officials and private sector representatives to discuss energy security and regional cooperation on energy issues.
US Assistant Secretary of State for Energy Resources Francis Fannon will travel to Tel Aviv and Jerusalem, Nicosia, and Cairo starting Monday, November 11 to 20, the State Department announced on Friday.
During his trip, Fannon will be meeting with government officials and private sector representatives to discuss energy security and regional cooperation on energy issues.
„We didn’t discuss details on inter-Korean energy cooperation with North Korean officials, but we found they are keen to such a partnership,“ Kim Jong-kap, chief executive of Korea Electric Power Corp., said in a statement.
The statement also added that an on-site visit to the Zohr onshore gas facility in Port Said is foreseen.