Iran is ready to extend the gas export contract to Iraq
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According to the agency, "Jenki made it clear to Iraqi officials that Iran's relationship with Iraq is strategic, regardless of economic relations. We have deep and very important cultural and religious relations. The more we cooperate, especially in the field of energy, the deeper and more objective these relations will be."
He described strong energy diplomacy as "one of the plans of the Oil Minister in the new Iranian government, and that the Iraqi side is required to abide by the current contracts and previous agreements," stressing that "Iranian Oil Minister Javad Oji is ready to consider the new proposals presented by the Iraqi Ministry of Electricity in order to extend the gas export contract. to Iraq".
Janki added that "negotiations with various parties to increase gas exports and trade are among the priorities of the new Iranian government."
On the 12th of this month, Iraqi Prime Minister Mustafa Al-Kadhimi visited the capital, Tehran, for the second time since taking office in late July last year, and the first was since the formation of the new Iranian government headed by conservative cleric Ibrahim Raisi, who won the presidential elections last June.
Iraq is one of the important markets for Iran, which is under severe economic pressure and sanctions, as it exports to it about 13 billion worth of goods annually, not counting electricity and gas exports.
Iran is asking the Iraqi government to pay debts of up to 6 billion dollars in arrears, which are bills owed by the Iraqi Ministry of Electricity, which is prevented by US sanctions from paying any amount in dollars to Iran.
Iraq relies on Iran in the field of energy, as it imports a third of its gas and electricity needs, due to its dilapidated infrastructure, which makes it unable to achieve self-sufficiency.
Iraq produces between 19 and 21 thousand megawatts of electric power, while the actual need exceeds 30 thousand megawatts, according to officials in the electricity sector.
Last month, Iraq faced a crisis in the provision of electricity due to a sharp decline in Iran's exports of natural gas to Iraq, to operate power plants.
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