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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iran exports 52 cubic meters of gas to Iraq, worth $15 billion

    Rocky
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    Iran exports 52 cubic meters of gas to Iraq, worth $15 billion Empty Iran exports 52 cubic meters of gas to Iraq, worth $15 billion

    Post by Rocky Fri 29 Mar 2024, 3:57 am

    [size=35][size=35]Iran exports 52 cubic meters of gas to Iraq, worth $15 billion[/size]
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    03-29-2024 | 03:02
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    Alsumaria News - Economy

    The Iranian Deputy Oil Minister for Gas Affairs announced that Iran has exported about 52 billion cubic meters of gas worth $15 billion to Iraq since 2017 under two gas contracts with Iraq.


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    According to the "IRNA" agency, Majeed Jakni said in a statement on the sidelines of signing an agreement to extend the contract to export Iranian gas to Iraq: With the expiration of the Baghdad and Basra contracts, we conducted several rounds of negotiations with the Iraqi side in Tehran and Baghdad to expand the export of Iranian gas to Iraq, and it was completed. finally.



    He added: Since the beginning of the contract signed in Baghdad (July 2017) and Basra (June 2018), we have exported about 52 billion cubic meters of gas worth $15 billion to Iraq.

    For his part, Iraqi Minister of Electricity Ziyad Ali Fadel said that under this contract we will continue to buy gas from Iran for the next five years, and said: Our power plants urgently need Iranian gas to produce electricity.

    He explained: The experience of the past years showed that Iran is a good economic partner for Iraq and met our needs in the most difficult circumstances.

    According to this report, the contract to export Iranian gas to Baghdad was signed during the visit of the Deputy Minister of Oil for Iranian Gas Affairs to Baghdad at the Iraqi Ministry of Electricity and was extended for a period of five years.

    Iraq needs 35,000 megawatts of electricity per day, which, due to the current circumstances that this country is going through, produces only 20,000 megawatts per day, and a third of this electricity is supplied with gas imported from Iran.
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