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Iran announces its readiness to extend gas export contract to Iraq
- Time: 09/29/2021 10:42:47
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{Economic: Al Furat News} The Iranian Assistant Minister of Oil for Gas Affairs confirmed that Tehran is ready to extend the gas export contract to Iraq.
The Iranian Assistant Minister {Majid Chenki} said with senior officials of the Iraqi Ministry of Electricity today, Wednesday, in Tehran that "energy diplomacy is one of the programs approved by the Iranian Oil Minister {Javad Oji}, calling on the Iraqi side to abide by the current contracts and previous agreements."
The Iranian official reiterated the Iranian Oil Ministry's readiness to receive new proposals from the Iraqi Ministry of Electricity in order to extend the gas export contract to Iraq.
The Iranian Ministry of Electricity announced the sudden suspension of the export of electricity to Iraq last August.
Tehran is demanding Baghdad pay more than $6 billion in arrears, which are bills owed by the Iraqi Ministry of Electricity, which US sanctions prevent from paying any amount in dollars to Iran.
But Western and Iraqi sources reported earlier this year that Iraqi officials were given a green light by the United States to release the $2 billion owed to Iran for gas imports through a Swiss bank account.
Last March, the United States granted Iraq a 120-day exemption to pay for electricity imports from Iran.
This is the first exemption granted under the administration of Joe Biden and for the longest period permitted by law, and it came days before a "strategic dialogue" between Iraq and the United States.
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{Economic: Al Furat News} The Iranian Assistant Minister of Oil for Gas Affairs confirmed that Tehran is ready to extend the gas export contract to Iraq.
The Iranian Assistant Minister {Majid Chenki} said with senior officials of the Iraqi Ministry of Electricity today, Wednesday, in Tehran that "energy diplomacy is one of the programs approved by the Iranian Oil Minister {Javad Oji}, calling on the Iraqi side to abide by the current contracts and previous agreements."
The Iranian official reiterated the Iranian Oil Ministry's readiness to receive new proposals from the Iraqi Ministry of Electricity in order to extend the gas export contract to Iraq.
The Iranian Ministry of Electricity announced the sudden suspension of the export of electricity to Iraq last August.
Tehran is demanding Baghdad pay more than $6 billion in arrears, which are bills owed by the Iraqi Ministry of Electricity, which US sanctions prevent from paying any amount in dollars to Iran.
But Western and Iraqi sources reported earlier this year that Iraqi officials were given a green light by the United States to release the $2 billion owed to Iran for gas imports through a Swiss bank account.
Last March, the United States granted Iraq a 120-day exemption to pay for electricity imports from Iran.
This is the first exemption granted under the administration of Joe Biden and for the longest period permitted by law, and it came days before a "strategic dialogue" between Iraq and the United States.
Share if you like
[You must be registered and logged in to see this link.]
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