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[size=46]The Prime Minister's Office announces the signing of an agreement between Iraq and Iran to barter imported gas for Iraqi crude oil[/size]
Iraq
22:22 - 2023-07-11
22:22 - 2023-07-11
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Today, Tuesday, the media office of the Prime Minister announced the signing of an agreement between Iraq and Iran to barter imported gas for Iraqi crude oil.
And the media office of the Prime Minister stated in a statement that, "Today, Tuesday, an agreement was signed in Baghdad between the Republic of Iraq and the Islamic Republic of Iran, according to which the imported Iranian gas that operates electric power plants will be exchanged for Iraqi crude oil and black oil."
He added, "The agreement was signed on the Iraqi side by the Director of the Office of the Prime Minister, Ihsan Yassin Al-Awadi, while it was signed on the Iranian side by the Ambassador of the Islamic Republic of Iran in Baghdad, Muhammad Kazem Al Sadeq, and the agreement was reached after negotiations that lasted for several days, in which delegations participated." Technical committees from both sides.
He continued, "This agreement comes within the framework of the government's effort to address the crisis of supplying gas that powers power stations, and avoid financing problems and the complications of US sanctions that prevented the continuity of payment of import requirements. The agreement will contribute to providing more flexibility to the process of supplying gas, operating stations, and stabilizing the production of electric power."
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