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Exemptions despite the ban.. Why does Washington not stop Iranian gas from Iraq completely?
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Baghdad today - Baghdad
Today, Saturday (December 2, 2023), the Parliamentary Oil and Gas Committee revealed the possibility of Washington imposing on Baghdad not to buy Iranian gas during the coming period.
Committee member Ali Shaddad told Baghdad Al-Youm, “The issue of Washington imposing on Baghdad not to buy Iranian gas during the coming period is unlikely, especially since Iraq has an understanding with the American side regarding this file, and America knows very well Iraq’s need for this gas.”
Shaddad added, “The United States of America has extended Iraq’s exemption from the sanctions imposed on Iran regarding the gas file, as it knows Iraq’s need for this gas and the difficulty of Iraq dispensing with this gas during the current period. Washington also respects Iraq’s foreign agreements with all countries and cannot impose any "Something that is harmful to Iraq and the Iraqis."
The natural reserve of Iraqi gas is estimated at 132 trillion cubic feet - according to the Organization of the Petroleum Exporting Countries (OPEC), while the amount of gas that Iraq has burned so far is estimated at 700 billion cubic feet of it as a result of the weak ability to exploit it and the absence of the necessary facilities to process the associated gas.
Iraq's daily gas production amounts to 2.7 billion standard cubic feet per day, while it burns 1.2 billion cubic feet per day, and benefits from 1.5 billion standard cubic feet per day.
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