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The Council of Ministers decides to increase the financial costs of importing Iranian gas
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Economy News - Baghdad
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Added 08/29/2024 - 9:50 PM
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Economy News - Baghdad
Today, Thursday, the Council of Ministers decided to increase the financial costs of importing Iranian gas, while it decided to add (619.68) billion dinars, within the import of electrical energy, to the Ministry of Electricity’s budget for the year 2024.
The Prime Minister's Media Office stated in a statement, seen by "Al-Eqtisad News", that "Al-Sudani chaired the thirty-fifth regular session of the Council of Ministers today, Thursday, which witnessed the discussion of the overall situation in the country, the progress of implementing the government program, in addition to the files on the agenda, regarding which the necessary decisions were taken."
He added that "the Council decided to add (1,463) billion dinars, within the import of Iranian gas fuel, and (619.68) billion dinars, within the import of electrical energy, to the Ministry of Electricity's budget for the year 2024," noting that "the decision comes based on the provisions of the Federal General Budget Law for the fiscal years (2023 - 2024 - 2025)."
He added that "the Council approved the contracts for the fifth and sixth supplementary licensing rounds, totaling (14) projects for final signing, and the commencement of activating the contracts under discussion, based on the provisions of Article (39/1) of the contract for the two aforementioned rounds, within the framework of what the government has drawn up as an approach to developing investment in oil wealth."
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Added 08/29/2024 - 9:50 PM
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