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Iraq last year faced disruptions in the supply of Iranian gas, which accounted for about 40% of its imports. Turkmenistan is heavily reliant on revenue from sales of the gas in its vast reserves.
In the 1980s, financial problems caused by massive expenditures in the Iran-Iraq War and damage to oil export facilities by Iran's military led the Ba'athist government to implement austerity measures, to borrow heavily, and to later reschedule foreign debt payments. Iraq suffered economic losses of at least $80 billion from the war. [18]
Iraq also plans to sign delineation agreements on shared oil fields with Kuwait and Iran. Iraq would like to set up joint committees with its neighbors on how to share the oil. According to the Oil and Gas Journal, Iraq's proven natural gas reserves are 112 trillion cubic feet (Tcf), the tenth largest in the world.
The relationship between the governments of Iran and Iraq briefly improved in 1978, when Iranian agents in Iraq discovered plans for a pro-Soviet coup d'état against Iraq's government. When informed of this plot, Saddam ordered the execution of dozens of his army's officers and in a sign of reconciliation, expelled Ruhollah Khomeini , an ...
Iranian troops and civilians suffered tens of thousands of casualties from Iraqi chemical weapons during the 1980–88 Iran–Iraq War. Even today, more than twenty-four years after the end of the Iran–Iraq War, about 30,000 Iranians are still suffering and dying from the effects of chemical weapons employed by Iraq during the war.
The Islamic State captured the Ajil and Allas oil fields in northern Iraq during the Mosul campaign in 2014, [2] as well as the Qayyarah oil field, producing 8,000 barrels a day of heavy crude oil. [8] Ajil in north of Tikrit and Himiran were important ISIS-controlled oil fields in Iraq. [14] Oil production was centrally controlled by the top ...
The Iran–Iraq–Syria pipeline (called the Friendship Pipeline by the governments involved and the Islamic gas pipeline by some Western sources [2]) is a proposed natural gas pipeline running from the Iranian South Pars/North Dome Gas-Condensate field towards Europe via Iran, Iraq, Syria and Lebanon to supply European customers as well as Iraq, Syria and Lebanon. [1]
An estimated 150 Iranian intelligence officers, plus members of Iran's Islamic Revolutionary Guard Corps, are believed to be active inside Iraq at any given time. For more than a year, U.S. troops have detained and recorded fingerprints, photographs, and DNA samples from dozens of suspected Iranian agents in a catch and release program designed ...